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Allied Irish Banks, p.l.c. (ALBK)

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Wednesday 09 February, 2011

Allied Irish Banks, p.l.c.

Allied Irish Banks, p.l.c. Capital Update






Allied  Irish Banks, p.l.c. ("AIB") [NYSE:AIB] notes today's announcement by the
Minister   for  Finance  that  the  Government  is  postponing  further  capital
injections  into AIB and other  banks. We note this  postponement is pending the
appointment  of the new  Government, following the  upcoming election on 25(th)
February.

The  short delay may also allow time  to consider the outcomes of the Prudential
Capital  Assessment Review,  which is  being undertaken  by the  Central Bank of
Ireland and is expected to be completed by the end of March 2011.


                                    - ENDS -



For further information, please contact:

Alan Kelly                          Catherine Burke

General Manager, Corporate Services Head of Corporate Relations and
                                    Communications

AIB Group                           AIB Group

Dublin                              Dublin

Tel: +353-1-6412162                 Tel: +353-1-6413894

email: alan.j.kelly@aib.ie          email: catherine.e.burke@aib.ie









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Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE

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