
* Update on Bank of Ireland group's participation in the national asset
management agency
* To date nama has acquired E3.75 billion of eligible assets from Bank of
Ireland at a transfer price of E2.4 billion
* All remaining nama transfers should be completed in one single tranche
* Estimates total potentially eligible assets to be transferred to nama will
not exceed E10.1 billion
* Has sufficient capital to meet the pcar standard
* Would leave Bank of Ireland with formerly potentially eligible assets of
approximately E2.1 billion
((London Equities Newsroom; +44 20 7542 7717))
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