AIB completed disposal of the BZWBK shareholding

AIB completed disposal of the BZWBK shareholding

ID: 53092

(Thomson Reuters ONE) -


DUBLIN, Ireland - Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] announces today
that it has completed the disposal of its 70.36% stake in Bank Zachodni WBK S.A.
to Banco Santander S.A. ("Santander" ) and the sale of its 50% stake in BZ WBK
AIB Asset Management S.A. following the settlement of the tender offer by
Santander and completion of the transaction.  AIB received total sale proceeds
of approximately ?3.1 billion which has generated a benefit of c. ?2.5bn
equivalent to core tier one capital.

- 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(at)aib.ie email: catherine.e.burke(at)aib.ie







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

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

[HUG#1502845]




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Bereitgestellt von Benutzer: hugin
Datum: 01.04.2011 - 18:27 Uhr
Sprache: Deutsch
News-ID 53092
Anzahl Zeichen: 1766

contact information:
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