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Investor Presentaiton

Performance Overview Bank of Ireland has continued to see strong asset and earnings growth from a geographically diversified platform Asset Growth Profit (before tax & exceptional items) € bn 180 € m n 162.3 160 146.3 1,600 1393 140 128 1,400 1,267 120 106.4 1,200 1,085 1,122 1,177 1206 920 100 87.3 89.3 78.8 1,000 80 800 60 600 40 400 20 200 0 0 Mar-01** Mar-02** Mar-03** Mar-04** Mar-05* Sep-05* Mar-06* 2000** 2001** 2002** 2003** 2004** 2005* 2006* March Year End * IFRS UK 22% ** Irish GAAP PBT March 2006* Rest of World 14% % 25 22 March Year End RoE 20 15.2 15.3 14.5 12.9 14.7 14 15.7 15 10 Republic of Ireland 64% 5 LO 9.5 9.5 9.5 9.5 9.0 9.0 8.3 0 15 Mar-00 Mar-01** Mar-02** Mar-03** Mar-04** Mar-05* Mar-06* March Year End Cost of Equity Equity Spread Bank of Ireland Group
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