CCPC Clearance Received

In brief · summary, not quotable

CCPC has unconditionally cleared BAWAG PSK's recommended cash offer for Permanent TSB.

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PERMANENT TSB GROUP HOLDINGS PLC (PTSBGH)

BY

BAWAG P.S.K. BANK FÜR ARBEIT UND WIRTSCHAFT UND ÖSTERREICHISCHE POSTSPARKASSE AKTIENGESELLSCHAFT`(BAWAK PSK)

A WHOLLY OWNED SUBSIDIARY OF BAWAG GROUP AG

Competition and Consumer Protection Commission (CCPC) Clearance

PTSBGH is pleased to announce that the Irish Competition and Consumer Protection Commission (CCPC) has unconditionally cleared the recommended cash offer by BAWAK PSK for PTSBGH.

The Acquisition and the Scheme remain subject to the approval of PTSBGH shareholders, regulatory approval and the sanction of the High Court.

Disclosure requirements of the Irish Takeover Rules

General

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