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February 2011

Anglo Irish Bank Corporation Limited

Anglo Irish Bank Corporation Limited
N/a
Ireland Flag

Anglo Irish Bank Corporation Limited

Transfer of UK and Irish retail deposit books to Allied Irish Bank
Financials Debt Advisory & Restructuring

On 24 February 2011, the Irish Minister for Finance announced the immediate transfer from our client, Anglo Irish Bank Corporation Limited ("Anglo"), of its corporate and retail deposits in the UK and Ireland, its Senior NAMA note portfolio and its Isle of Man subsidiary to Allied Irish Banks plc ("AIB") and AIB Group (UK) plc.

Canaccord Genuity was engaged by Anglo in December 2010 to advise on the proposed transfer. Our role included running an accelerated process for the package of assets and liabilities to be transferred and providing strategic advice to the Board throughout the process.