Standard & Poor's Credit Rating

Short term rating Long term rating Outlook AIB Group* A-2 BBB+ Negative AIB Group** B BB Negative AIB Group UK* A-2 BBB+ Negative AIB Group UK** B  BB Negative

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

Recent S&P reports on AIB and related topics

• S&P place 'A'LT rating on CreditWatch with negative implications 1 May 09
• S&P ratings on AIB securities lowered to 'C' on announced exchange offers 11 Jun09
• S&P AIB hybrid securities raised to B on completion of tender offer 29 June 09
• AIB A LT rating remains on credit watch negative, A-1 ST rating affirmed 6 Aug 09
• AIB published RU on deferral announcement 01-12-2009
• AIB annual rating report 081209
• S&P comments on Irish Gov's new Bank Liability Guarantee Scheme 8 Jan 10
• Assumptions for Credit Stress testing Irish Banks 26 Jan 10
• Irish BICRA changed to group 4 26 Jan 10
• Review of Irish Banks on implementation of credit loss assumptions & BICRA change leads to rating actions 26 Jan 10
• AIB rating lowered to A-, A2 on economic and market conditions in Ireland; outlook negative 26 Jan 10
• AIB PLC ratings outlook unaffected by Gov recap 1st April 2010
• AIB Group UK outlook revised to 'developing' from 'negative' 1st Apr
• Republic of Ireland Long Term Rating Downgraded On Higher Banking Sector Fiscal Costs Outlook Negative 24 Aug 10
• 'Allied Irish Banks 'A- A-2' Ratings Affirmed On Sale Of Its Polish Interests; Outlook Remains Negative 15 Sep 10
• Allied Irish Banks And Bank of Ireland Show Progress In Restructuring, But Considerable Hurdles Remain 15 Sep 10
• Allied Irish Banks Long-Term Rating Lowered To 'BBB+' On Weakened Prospects; Outlook Negative 8 Oct 10
• Ratings On Irish Banks' Lower Tier 2 Subordinated Debt Lowered On Reappraisal Of Authorities' Stance 8 Oct 10  
• AIB Group (UK) Outlook Revised To Negative From Developing On Sale Process Update; 'BBB/A-2' Ratings Affirmed 4 Nov 10
• Ireland Ratings Lowered To 'A/A-1', Placed On Watch Neg On Further Banking Costs 24 Nov 10
• Irish Bank Ratings Lowered, On CreditWatch Negative, Following Sovereign Downgrade 26 Nov 10
• Allied Irish Banks Lower Tier 2 Debt Downgraded To 'CCC'; All Ratings Remain On CreditWatch Negative 17 Dec 2010
• Allied Irish Banks Lower Tier 2 Debt Ratings Lowered To 'D' On Distressed Exchange Offer; Ratings Remain On Watch Neg 17 Jan 2011
• Allied Irish Banks Lower Tier 2 Debt Ratings Raised To 'CCC' On Conclusion Of Exchange Offer; Still On Watch Neg 27 Jan 2011
• S&P Comments On Irish BICRA Revision To Group 6 From Group 4 On Heightened Economic And Industry Risks 2 Feb 2011
• Ireland Ratings Lowered One Notch To 'A-/A-2'; Still On Watch Neg Due To Ireland's Uncertainty About Capital Needs 2 Feb 2011
• Negative Rating Actions Taken On Irish Banks After Sovereign Downgrade And BICRA Revision; Ratings Still On Watch Neg 2 Feb 2011
• Ireland's Ratings Lowered To 'BBB+/A-2' And Removed From CreditWatch; Stable Outlook Reflects Credibility Of Stress Test 1 Apr 2011
• Various Rating Actions Taken On Irish Banks Following Financial Measures Programme And Bank Restructuring Plan 5 Apr 2011
• Allied Irish Banks' Lower Tier 2 Debt To 'CC' On Court Order And Debt Buyback Plan; 'BB/B' Ratings Still On Watch Neg 20 Apr 2011
• Allied Irish Banks Lower Tier 2 Sub Debt To 'D' On Tender Offer Announcement; Credit Ratings Remain On Watch Neg 13 May 2011
• Allied Irish Banks' Hybrid Debt Lowered To 'D' On Implementation Of Court Order; CCR Remains On Watch Neg 14 Jun 2011
• S&P - Implications for Irish banks following Government's asset transfer plan 1 May 09
• Various Rating Actions Taken On Irish Banks; Off Watch Neg 11 Jul 2011
• AIB (UK) Annual Rating Report 4 Nov 11
• AIB Annual Rating Report 4 Nov 11
• AIB Group (UK) Long-Term Ratings Raised To 'BB' On Bank Criteria Change; Outlook Remains Negative 8 Dec 11
• Allied Irish Banks 'BB/B' Ratings Affirmed On Bank Criteria Change; Outlook Remains Negative 8 Dec 11
• Allied Irish Banks Ratings Affirmed At 'BB/B' After First-Half Loss; Outlook Remains Negative 2 Aug 12