Announcement

Nicosia, 14 November 2014

Further to the notice for the Annual General Meeting ("AGM") of Bank of Cyprus Public Company Ltd (the "Company") that will be held at the Company's Headquarters (51 Stassinos Street, Ayia Paraskevi, Strovolos, Nicosia, Cyprus) on Thursday, 20th November 2014 at 09:00 a.m., the candidates for election to the Board of Directors, pursuant to the Articles of Association of the Company are listed below.

a)  Existing members of the Board of Directors seeking re-election at the AGM (in alphabetical order):

Short CVs, of existing Board members seeking re-election, are posted on the Group's website.(http://www.bankofcyprus.com/en-GB/Start/Investors-Relations/Corporate_Governance/Board-of-Directors/)

b)  Candidates for whom a resolution has been received by shareholders of the Company for their appointment as members of the Board of Directors at the AGM pursuant to sections 127B and 134 of the Companies Law. The names of the said candidates have already been announced through the notice of AGM dated 29 October 2014 (in alphabetical order):

c)  Candidates for whom a nomination for election to the Board of Directors at the AGM has been received at the Company's registered office by the close of today's business:

Short CVs, as submitted by the candidates, are posted on the Group's website.

http://www.bankofcyprus.com/en-GB/Start/Investors-Relations/Annual-General-Meetings/Annual-General-Meeting-2014/Canditates-for-the-Board-of-Directors/

It is noted that the election of members to the Board of Directors is subject to approval by the Central Bank ofCyprusregarding the eligibility criteria as per the relevant Directives of the Central Bank ofCyprusregarding the composition of the Board of Directors.

In light of the finalisation of the list of candidates, an additional form of proxy has been posted on the Group's website, which may be used by shareholders willing to provide specific instructions on proxy holders on how to vote on each resolution at the AGM. (http://www.bankofcyprus.com/en-GB/Start/Investors-Relations/Annual-General-Meetings/Annual-General-Meeting-2014/Announcements/)