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Investor Presentaiton

Asset Quality Impairment Losses on Loans Asset Quality Mar 06 Mar 05* €m € 796m €m €m 800 € 693m € 710m 700 Specific 114 138 600 IBNYR** 10 500 400 € 360m € 343m NDSP***/General (38) € 319m 300 Recoveries (21) (21) 200 100 Total €m 103 79 0 March 06 Sept 05 March 05* Charge on Average Loans 11bps 11bps Impairment Provisions Impaired Loans * Excludes release from loan impairment provisions of €100m _ **IBNYR Incurred But Not Yet Reported * After release from loan impairment provisions of €100m ***Non Designated Specific Provision Continued excellent asset quality in benign credit environment Charge on average loans 11bps - below trend Well diversified and proactively managed loan book Strong underwriting and arrears management skills 20 Bank of Ireland Group
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