STANDARD FORM TR-1 VOTING RIGHTS ATTACHED TO SHARES- ARTICLE 12(1) OF DIRECTIVE 2004/109/EC FINANCIAL INSTRUMENTS - ARTICLE 11(3) OF THE COMMISSION DIRECTIVE 2007/14/EC


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

The Governor and Company of the Bank of Ireland

2. Reason for the notification (please tick the appropriate box or boxes): [x] an acquisition or disposal of voting rights
[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
[ ] an event changing the breakdown of voting rights
3. Full name of person(s) subject to the notification obligation:

- MainStay Marketfield Fund, a series of MainStay Funds Trust (Delaware, United States); - MainStay VP Marketfield Portfolio, a series of MainStay VP Funds Trust (Delaware, United States); - Marketfield Fund Dublin, a sub-fund of Marketfield Dublin, p.l.c. (Cayman Islands)

4. Full name of shareholder(s) (if different from 3.):

n/a

5. Date of the transaction and date on which the threshold is crossed or reached:

14 August 2014

6. Date on which issuer notified:

15 August 2014

7. Threshold(s) that is/are crossed or reached: Below 3%

8. Notified details:

- MainStay Marketfield Fund- 844,939,741

- Mainstay VP Marketfield Portfolio- 23,380,956

- Marketfield Dublin Fund- 31,180,882

A) Voting rights attached to shares

Class/type of shares (if

possible using the ISIN CODE)

IE0030606259

Situation previous to the Triggering

transaction

Resulting situation after the triggering transaction

Class/type of shares (if

possible using the ISIN CODE)

IE0030606259

Number of

Shares

Number of

Voting rights

Number of

shares

Number of voting rights

% of voting rights

Class/type of shares (if

possible using the ISIN CODE)

IE0030606259

Number of

Shares

Number of

Voting rights

Direct

Direct

Indirect

Direct

Indirect

IE0030606259

Common

1,077,701,607

1,077,701,607

899,501,579

899,501,579

2.78%

-

SUBTOTAL A (based

on aggregate voting rights)

-

-

899,501,579

899,501,579

2.78%

B) Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration Date

Exercise/Conversion

Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

N/A

N/A

N/A

N/A

N/A

SUBTOTAL B (in relation to all expiration dates)

Total (A+B) [where applicable in accordance with national law]

Number of voting rights

% of voting rights

899,501,579

2.78%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

N/A

10. In case of proxy voting [name of the proxy holder] will cease to hold [number]
voting rights as of [date]. n/a
11. Additional information:

N/A Done at Dublin on 15 August 2014 Contact: Jeremy Crean, Deputy Group Secretary Telephone: +353 (0) 76 623 4761
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