23rd November 2005

1
ANGLO IRISH BANK PRELIMINARY RESULTS Year ended
30 September 2005
23rd November 2005
2
Overview of Performance
Excellent results for the year to 30 September
2005
Includes additional interest cost on incremental
Tier 1 capital raised in 2005. Interest cost is
deducted below PBT line on a reported basis.
Record performance and investment for future
3
Selected Financial Highlights 2005
Pre-tax profit
685.2m
Earnings per share
73.21c
Cost Income ratio
27
Total dividend
13.54c
Total assets
48.3bn
Tier 1 capital ratio
8.45
Strong performance, PL and Balance Sheet
4
2005 Profit Loss Account - Overview

• Reported pre-tax profit 685.2 504.1
• Like-for-like pre-tax profit 647.2 504.1
• EPS cent 73.21
  57.26

Includes additional interest cost on incremental
Tier 1 capital raised in 2005. Interest cost is
deducted below PBT line on a reported basis.
Record profits and EPS
5
Dividends

• EPS 73.21 57.26
• Total dividend 13.54 11.28
• Dividend cover 5.4x 5.1x

Significant dividend increase and capital
accretion
6
2005 Balance Sheet - Overview
Total assets 48.3 34.5 Loans 34.4
24.6 Funding 41.7 29.2
Restated at Sep - 05 currency exchange rates
Excellent growth across balance sheet
7
2005 Profit Loss Account
m
2005
2004
Net interest income 720.0 523.5 Fees
commissions 219.2 167.6 Dealing profits
16.0 12.8 Other 21.8 19.3 Total
income 977.0 723.2
8
2005 Profit Loss Account
m
2005
2004
Total income 977.0 723.2 Overheads (247.2) (185.4
) Depreciation/Goodwill (15.2) (14.6) Specific
provisions (29.4) (19.1) Profit before
tax 685.2 504.1
9
2005 Profit Loss Account
m
2005
2004
Profit before tax 685.2 504.1 Tax (140.2) (107.7)
Profit after tax 545.0 396.4 Pref / Minority
interest (54.0) (17.0) Attributable
profit 491.0 379.4
10
2005 Results Profits by Geography
Restated at 05 hedged currency exchange rates
Strong geographical spread of profits
11
Total Loan Growth
40
bn
Sep-04
Sep-05
Restated at Sep 05 currency exchange rates
Excellent growth of 9.8bn, stable margins
12
Loan Growth - Ireland
46
bn

Sep-04
Sep-05
Restated at Sep 05 currency exchange rates
Underlying loan growth of 6.1bn
13
Loan Growth - UK
27
12.5
9.9
Underlying loan growth of 2.6bn
14
Loan Growth - USA
81
m
2,475

1,369
1,369
Sep-04
Sep-05
Restated at Sep - 05 currency exchange rates
Underlying loan growth of 1,106m
15
Lending - Divisional Analysis
Restated at Sep - 05 currency exchange rates
Strong franchises in core markets
16
Lending Location of Assets
17
Asset Quality
Excellent asset quality
18
Asset Quality
Improving trend over time
19
Total Funding
43
bn
41.7
29.2

Sep-04
Sep-05
Restated at Sep - 05 currency exchange rates
Significant increase in funding resources
20
Total Funding
Increasing diversity and quality of funding
21
Non-Business Lending Revenues
m
2005
2004
Wealth Management 91 73 Treasury
Sales 58 39 149 112
Strong revenue growth
22
Ordinary Shareholders Equity Growth
m
Opening Ord. Shareholders Funds 1,240 Retentions
440 Closing Ord. Shareholders Funds 1,680
Record retentions
23
Ordinary Shareholders Equity Growth
139
m
Sep-02
Sep-05
Strong trend of internal capital generation
24
Summary of Key Ratios
2005
5 Year CAGR
Pre-tax profit 36 39 EPS
28 34 Total Lending
40 33 Total Funding 43 33 Cost Income
Ratio 27 Return on Equity 34
Very strong current and five year performance
25
IFRS

• Net impact on 2005 EPS circa 4 reduction
• Main components of difference are
• Share based payments, arrangement fees,
  pensions, goodwill and loan loss provisions
• Impact on Tier 1 capital expected to be
  marginally positive

26
IFRS - Indicative impact on PBT EPS
Pro-forma IFRS 2005 PBT/EPS under Irish GAAP
685 73.2 Adjusting items (25) (3.1) PBT/EPS
after adjusting items 660 70.1 Percentage impact
of adjusting items (3.6)
(4.2)

• Additional reclassifiying adjustment to bring
  Minority Cost and Preference Dividends of 54m
  above PBT line. No impact on EPS.

4 net impact of adjusting items on PBT/EPS
27
The Future
28
Work in Progress September 2005
Expanding franchise continuing strong growth
in WIP
29
Work in Progress
Restated at Sep - 05 currency exchange rates
Expanding franchise continuing strong growth
in WIP
30
Future

• Lending Ireland
• Lending UK
• Lending US
• Wealth Management
• Treasury

We look forward to a strong future performance
31
Future

• Continue to follow our proven strategy
• Lending operations Ireland, UK, USA
• Treasury enhance funding and fee income
• Wealth Management operation Ireland and Europe
• Retain centralised business model
• Asset quality - not sacrificed for volume growth
• Acquisitions only if fit with criteria

Consistent strategy should deliver superior
returns
32
Future

• Consistent strategy execute for our clients
• Retain focus on core markets, enhancing franchise
• Expand excellent funding platform
• Continue development of fee income base
• Centralised structure, highly scalable
• Asset quality driven
• Considerable organic growth opportunities

Consistent strategy should deliver superior
returns
33
Summary

• Record results in 2005
• Strong growth across all areas
• Asset quality is robust
• Future business prospects remain strong

We are confident of the Banks future prospects
34
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35
Appendices
36
Tier 1 Capital Position
m
Sep 2005
Risk Weighted Assets 40,225 Equity
1,680 Less deductions
(65) Preference share capital 532 TONICS
370 Perpetual preferred securities
591 Perpetual capital securities 291
Tier 1 capital 3,399
Tier 1 ratio
8.45
Strong Tier 1 capital position at 8.45
37
Ratings
Continued strengthening of profits, asset
quality and funding
38
Further Information

• For additional information, please contact any of
  the individuals below

David Drumm Group Chief Executive Direct Tel
353 1 616 2001 E-mail daviddrumm_at_angloirishbank.
ie
Willie McAteer Finance Director Direct Tel 353
1 616 2310 E-mail williammcateer_at_angloirishbank.i
e
Declan Quilligan Managing Director UK Direct
Tel [phone] E-maildeclanquilligan_at_anglo
irishbank.co.uk
Tom Browne Managing Director - Ireland Direct
Tel [phone] E-mail tombrowne_at_angloirishb
ank.ie
Matt Moran Chief Financial Officer Direct Tel
353 1 616 2559 E-mail mattmoran_at_angloirishbank.i
e
Anglo Irish Bank, Stephen Court, 18/21 St.
Stephens Green, Dublin 2 www.angloirishbank.com
39
Broker Coverage
Investment Firm Contact Phone Number Credit
Agricole Cheuvreux Ian Poulter 44 207 621
5231 Cazenove Robert Sage / Natasha Oliver
44 207 155 6664 Davy Stockbrokers Emer Lang /
Scott Rankin 353 1 614 8997 Fox-Pitt,
Kelton Kim Bergoe 44 207 933 4403 Goldman
Sachs Julian Livingston-Booth 44 207 552
2838 Goodbody Stockbrokers Eamonn Hughes 353
1 641 9442 HSBC Abigail Best 44 207 991
6866 Keefe, Bruyette Woods Mark Thomas /
James Hutson 44 207 663 5279 Lehman Brothers
Alex Potter 44 207 102 3128 Merrion
Capital John Bowe 353 1 240 4100 Merrill
Lynch Cristina Marzea/ 44 207 996
3949 John Paul Crutchley Morgan
Stanley Stephen Jarvis 44 207 425 3933 NCB
Stockbrokers David Odlum / John Cantwell 353
1 611 5941