14th April 2009

For Immediate Release 31 March 2015

AIB - Annual General Meeting 2015

Allied Irish Banks, p.l.c., ("AIB") confirms that its Annual General Meeting will be held on 28

April 2015 at 10.00 am.

Copies of the following documents were posted to shareholders on 30 March 2015 and are available on the AIB Group website investorrelations.aib.ie from 7.00 a.m. today:

• Chairman's Letter to Shareholders containing the Notice of the 2015 Annual General

Meeting ("AGM") and setting out the business to be conducted at the AGM

• Form of Proxy, AGM 2015

• Annual Financial Report, 2014

• Shareholders Report, 2014

-ENDS-

For further information please contact:

David O'Callaghan

Kathleen Barrington

Company Secretary

Media Relations Manager

AIB Bankcentre

AIB Bankcentre

Dublin

Dublin

Tel: +353-1-6600311

Tel: +353-1-7721382

email: david.a.o'callaghan@aib.ie

email: kathleen.m.barrington@aib.ie

Important Information and Forward Looking Statement

AIB has c.523 billion ordinary shares, 99.8% of which are held by the Ireland Strategic Investment Fund (ISIF), mainly following the issue of 500 billion ordinary shares to the National Pension Reserve Fund Commission (predecessor to the ISIF) at
€0.01 per share in July 2011. Based on the number of shares in issue and the closing share price of 27 March 2015, AIB trades on a valuation multiple of c. 6x (excluding the 2009 Preference Shares) the net asset value (NAV) of the Group as at 31 December
2014. The Group continues to note that the median for comparable European banks is c. 1x NAV.
This announcement contains certain forward-looking statements with respect to the financial condition, results of operations and business of AIB Group and certain of the plans and objectives of the Group. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as
'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', 'may', 'could', 'will', 'seek', 'continue',
'should', 'assume', or other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding the Group's future financial position, capital structure. Government shareholding in the group, income growth, loan losses, business strategy, projected costs, capital ratios, estimates of capital expenditures, and plans and objectives for future operations. Because such statements are inherently subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking information. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These are set out in the Principal Risk and Uncertainties on pages 51 to 56 in the 2014 Annual Financial Report. In addition to matters relating to the Group's business, future performance will be impacted by Irish, UK and wider European and global economic and financial market considerations. Any forward-looking statements made by or on behalf of the Group speak only as of the date they are made. The Group cautions that the list of important factors on pages 51 to 56 of the 2014 Annual Financial Report is not exhaustive. Investors and others should carefully consider the foregoing factors and other uncertainties and events when making an investment decision based on any forward-looking statement.

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