CYPRUS POPULAR BANK PUBLIC CO LTD

Payment of interest of Convertible Enhanced Capital Securities

Marfin Popular Bank Public Co Ltd announces that the interest of the Convertible Enhanced Capital Securities (“CECS” – Code: CPBCD), in accordance to the individual terms of their issue, is payable every three months, on 31 March, 30 June, 30 September and 31 December every year.  The CECS bear a fixed interest rate of 7,00%.

The interest for the first Interest Payment Date will be paid on 30 September 2011 for the period from July 2, 2011 until September 29, 2011.  Beneficiaries of the interest will be the holders of CECS who will be registered in the Cyprus Stock Exchange (CSE) Registry and the Dematerialised Securities Systems of “Hellenic Exchanges S.A.” on 23 September 2011.  As a result of the different clearance cycles between CSE and Athens Exchange (ATHEX), the CECS will be traded without the right of participation in the payment of interest in CSE from September 21, 2011 and in ATHEX from September 23, 2011.

The CECS which are currently trading in CSE and ATHEX amount to 65.439.624. The amount of interest for the above Interest Period amounts to €1.145.193,42, i.e. amount of €0,0175 per CECS (before taxes or contributions).  The Questionnaire for ascertaining whether the conditions relating to the term “Non Cyprus Resident” are met for the year 2011, as well as the explanatory letter will be mailed to CECS holders which reside abroad, will be available on the website of the Group, www.marfinbank.com (Latest News / Special Contribution for Defence).

If the above Questionnaire is not received on time by the Bank, in accordance with the instructions referred in the explanatory letter, the Bank is obliged by Law to deduct special contribution for defence.