ICC Bank PLC
18 January 2001


ICC Bank Plc

18 January 2001

Notifications to the Irish Stock Exchange from O'Donnell Sweeney Solicitors
dated 18 January 2001.


Disclosure and Notification of Interests in Shares pursuant to the Companies
Acts.

We enclose herewith a disclosure notification of interest in shares of ICC
ESOP Trustee Limited as trustee for and on behalf of the ICC Bank Plc Employee
Share Ownership Trust to ICC Bank Plc in accordance with section 67 to 79 of
the Companies Act, 1990 and to the Irish Stock Exchange in accordance with
obligations under section 91 of the Companies Act, 1990.


O'Donnell Sweeney Solicitors


Disclosure and Notification of Interest in Shares or Debentures or any Change
Therein Pursuant to the Companies Act 1963 to 1999 in 


IN FULFILMENT OF THE OBLIGATION ARISING UNDER THE COMPANIES ACT 1963 TO 1999
INCLUDING BUT NOT LIMITED TO SECTION 67 TO 79 AND SECTION 91 OF THE COMPANIES
ACT 1990


NOTIFICATION TO

ICC Bank Plc of 72-74 Harcourt Street, Dublin 2 ('the Company')
and
The Irish Stock Exchange Limited at 28 Anglesea Street, Dublin 2

                                  BY

ICC ESOP Trustee Limited, company registration number 312109 and registered
office at 72-74 Harcourt Street, Dublin 2

                                 BEING 

A person(s) who has disposed or ceased to have an interest in shares comprised
in the Company being a notifiable interest pursuant to the Companies Acts 1990
over the following shares in the Company:-


                        THE NOTIFIABLE INTEREST 

1.       5,505,459                     Ordinary Shares of £1.00 each          
                                       registered in the name of the Minister 
                                       for Finance ('the Shares') which shares
                                       represent 14.9% of the issued share    
                                       capital of ICC Bank Plc transferred to 
                                       ICC ESOP Trustee Limited





Event by virtue of which the Interest has arisen.

The acquisition of the Shares by ICC ESOP Trustee Limited as trustee for and
on behalf of the ICC Bank Employee Share Ownership Trust by the transfer of
the Shares by the Minister for Finance to ICC ESOP Trustee Limited pursuant to
the 5% Share Transfer Agreement of 15 January 2001 between the Minister for
Finance and ICC ESOP Trustee Limited and the 9.9% Share Purchase Agreement of
15 January 2001 between the Minister for Finance and ICC ESOP Trustee Limited
as trustee. These shares represent 14.9% of the issued share capital of ICC
Bank Plc.


Date on which event occurred 


15 January 2001

Nature of interest and the person entitled


All the shares listed under the heading 'The Notifiable Interest' have been
transferred by the Minister for Finance to ICC ESOP Trustee Limited as trustee
for and on behalf of the ICC Bank Employee Share Ownership Trust. 

Number of shares held by ICC ESOP Trustee Limited after event which is the
subject of this notification



14.9% of the issued share capital of ICC Bank Plc - 5,509,459 shares