RNS Number:3757T
Bank of Ireland(Governor&Co)
17 December 2003



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

Bank of Ireland

2. Name of director/Secretary

Mike Soden

John O'Donovan

John Clifford (Secretary)

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

As 2

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

Mike Soden

John O'Donovan

John Clifford

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Grant of Options under the 2003 SAYE Scheme

7. Number of shares / amount of stock acquired

N/A

8. Percentage of issued class

N/A

9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

N/A

12. Price per share

N/A

13. Date of transaction

N/A

14. Date company informed

N/A

15. Total holding following this notification

N/A

16. Total percentage holding of issued class following this notification

N/A

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

15 December 2003

18. Period during which or date on which exercisable

Within 6 months of the end of the savings contract

19. Total amount paid (if any) for grant of the option

Mike Soden - euro 320 per month for 3 years

John O'Donovan - euro 320 per month for 5 years

John Clifford - euro 320 per month for 3 years

20. Description of shares or debentures involved: class, number

Units of Ordinary Stock:-



Mike Soden - 1522

John O'Donovan - 2653

John Clifford - 1522

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

Euro 7.84

22. Total number of shares or debentures over which options held following this
notification

Options held under the following schemes:-



SAYE, Executive Stock Options (ESO), Long Term Performance Stock Plan
(LTPSP):



Mike Soden - SAYE 1522; ESO 461,000; LTPSP 82,632

John O'Donovan - SAYE 2653; ESO 113,000; LTPSP 24,113

John Clifford - SAYE 1522; ESO 105,000; LTPSP 20,037

23. Any additional information

Date company informed - 16 December 2003

24. Name of contact and telephone number for queries

Peter Nugent

+ 353 1 6043402

25. Name and signature of authorised company official responsible for making
this notification

Peter Nugent

Date of Notification

17 December 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.






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END
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