Business News • MarketWire • Allied Irish Banks, p.l.c. ("AIB") Update on the Effectiveness of the Subordinated Liability Order Issued by the High Court on 14 April 2011

Allied Irish Banks, p.l.c. ("AIB") Update on the Effectiveness of the Subordinated Liability Order Issued by the High Court on 14 April 2011

Allied Irish Banks, p.l.c. ("AIB") Update on the Effectiveness of the Subordinated Liability Order Issued by the High Court on 14 April 2011

DUBLIN, IRELAND--(Marketwire - Jun 9, 2011) - Following the issue today of a decision by the Irish High Court regarding the effectiveness of the subordinated liabilities order issued by the High Court on 14 April 2011 under the Credit Institutions (Stabilisation) Act 2010 (the "SLO"), the SLO is effective as of 22 April 2011 to amend the terms of Allied Irish Banks, p.l.c. ("AIB) (NYSE: AIB) sixteen subordinated liabilities set out in the table below that are the subject of the proposed debt buyback (the "Offer") as follows:

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