Investor Presentaiton

Effects of Brexit already visible from currency impact IE/UK goods trade has slowed since early 2016 on back of currency moves... ...as has UK visitor numbers (note time lag) 50% 20% 30% 20% 40% 16% 15% 30% 12% 20% 10% 20% 8% 10% 10% 4% 5% 0% 0% 0% 0% -10% -4% -20% -8% -5% -10% -30% -12% -10% -40% -16% -20% -15% -50% -20% 2000 2003 2006 2009 2012 2015 -30% -20% Euro/Sterling (y-o-y change, RHS) 2000 2003 Imports Growth (y-o-y change in 6 mth flows) Exports Growth (y-o-y change in 6 mth flows) 2006 2009 2012 2015 Euro/Sterling (y-o-y) Lagged 3Qs Visitors to IE from UK Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Source: CSO; DataStream; CSO 50

View entire presentation