set up ip address in redhat el 5

Method # 1: GUI tool system-config-network

You will see Window as above. Now select your Ethernet card (eth0 or eth1) and click on Edit button. You can now setup IP address, netmask, default gateway and other properties.

command line

Method # 2: Command line tool system-config-network-tui

Method #3: Edit configuration files stored in /etc/sysconfig/network-scripts/

refer

http://www.cyberciti.biz/faq/rhel-centos-fedoracore-linux-network-card-configuration/