Moodys Credit Rating

Short term rating Long term rating Outlook AIB Group* Not Prime Ba1 Negative AIB Group** Not Prime Ba2 Negative AIB Group*** Not Prime Ba3 Negative

* All debt/deposits covered by the Credit Institutions (Financial Support) Act 2008 / Credit Institutions (Eligible Liability Guarantee) Scheme 2009.

** All bank deposits not covered by the Credit Institutions (Financial Support) Act 2008 / Credit Institutions (Eligible Liability Guarantee) Scheme 2009.

*** All senior unsecured debt not covered by the Credit Institutions (Financial Support) Act 2008 / Credit Institutions (Eligible Liability Guarantee) Scheme 2009.

Recent Moody's reports on AIB and related topics

• Irish Banks PR 4 June 2009
• Moodys credit opinion report on AIB 26 Jun 09
• Moodys downgrades Irish banks following lowering of the Irish Government rating 7 Jul 09
• AIB Credit Opinion report 7 July 09
• Moodys downgrades junior subordinated debt of AIB & BOI 9 Sep 09
• Moody's Irish Gov Announces NAMA details 21 Sep 09
• Moody's corrects junior subordinated MTN rating of AIB 23 Nov 09
• Moody's AIB Banking Stats 24 Nov 09
• Moody's Irish Banks indicate higher provisioning costs Nov 09
• Moody's lowers AIB's non-cumulative Tier 1 securities one further notch to Caa1 02-12-2009
• Moody's outlook for Irish banking system remains negative 15 Dec 09
• Moody's to assign backed Aa1 Prime 1 ratings to debt securities covered by the Irish government's new guarantee 7 Jan 10
• Irish banks start offloading assets to NAMA 31/03/10
• Irish Banks PR - March 31 2010
• Moody's downgrades EBS, IL&P, and government-guaranteed debt of other Irish banks - 21 July 2010
• Moodys Takes Action on Rated Irish Banks Further to Sovereign Rating Review - 6 Oct 2010
• Moody's Credit Opinion Report on AIB - 19 Oct 2010
• Ireland's EU-IMF Bailout Is Major Step Addressing Crisis, But Greater Weaknesses Are Exposed 22 Nov 2010
• Moodys extends its review on Irish Banks to further junior securities and to BFSRs 02 Dec 2010
• Moodys places some additional Irish Bank ratings under review for downgrade 25 Nov 2010
• Moodys downgrades Irish Banks further to sovereign downgrade 20 Dec 2010
• Moody's views AIB's tender offer as a distressed exchange 18 Jan 2011
• AIB Credit Opinion 25 Jan 2011
• Moody's comments on Irish banks' senior debt ratings following general election announcement 3 Feb 2011.
• Moody's downgrades unguaranteed senior unsecured debt of Irish banks 11 Feb 2011 .
• Moody's comments on Irish Banks following announcement of new capital requirements; no impact on senior ratings 1 April 2011
• Moody's downgrades Ireland to Baa3 from Baa1; outlook remains negative 15 April 2011.
• Moody's downgrades Irish bank ratings 18 Apr 2011.
• Moody's comments on AIB Subordinated Liabilities Order 19 Apr 2011
• Moody's downgrades AIB's subordinated debt and tier 1 instruments 17 May 2011
• Moody's comments on the acquisition of EBS by Allied Irish Banks 5 Jul 2011
• Moody's downgrades government guaranteed debt of five Irish banks 14 Jul 2011