DUBLIN, Ireland, Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] announced on 10 September 2010 that it had agreed to sell its Polish interests to Banco Santander S.A. ("Santander") subject to obtaining certain regulatory approvals. The Polish securities regulator - Polish Financial Supervision Authority ("PFSA") or Komisja Nadzoru Finansowego ("KNF") today announced that it has approved the BZWBK tender offer by Santander.
As announced on 7th February 2011, we expect that transaction will be completed on 1st April 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 (mailto:alan.j.kelly@aib.ie) | email: catherine.e.burke@aib.ie (mailto:catherine.e.burke@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#1490686
