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Investor Presentaiton

Asset Quality Available for Sale Financial Assets Bank of Ireland Group Carrying Value ROI UK Spain Other Jun 15 Dec 14 €bn €bn €bn €bn €bn €bn Sovereign bonds 2.6 0.7 0.3 1.7 5.3 8.3 Covered bonds 0.3 0.3 0.6 1.1 2.3 2.5 Senior debt 1.6 1.6 2.3 Subordinated debt 0.3 0.3 0.2 Asset backed securities. 0.1 10 0.1 0.2 0.3 Total AFS Reserve Ireland 3.2 1.1 0.9 4.5 9.7 13.6 0.5 0.5 0.6 Performance of Irish sovereign bonds - AFS reserve reduced by €0.1bn (net) in H1 2015 In H1 2015, €1.5bn nominal value (€1.9bn fair value) of euro denominated bonds were reclassified from AFS to Held to Maturity NAMA subordinated bond - €0.3bn nominal value, valued at 92% (Dec 14 - 83%) Separately, BOI has €1.9bn of NAMA senior bonds (Dec 14: €2.4bn) Other exposures Supra-national - €1.1bn France €1.3bn Netherlands - €0.4bn United States - €0.2bn Norway - €0.2bn Sweden €0.2bn Portugal - €0.2bn Italy - €0.2bn Other €0.7bn (all less than €0.1bn) 35
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