CYPRUS POPULAR BANK PUBLIC CO LTD

Announcement

Marfin Popular Bank Public Co Ltd announces, in accordance to Law 3340/2005, Law 3556/2007, Decision 1/434/3.7.2007 and Circular 33 of Hellenic Capital Market Commission, that on 27/02/2008 Marfin Investment Group Holdings SA, closely associated with the Managers of the Bank, Messrs Andreas Vgenopoulos, Group Chief Executive Officer, and Fotios Karatzenis, Head of the Legal Department, proceeded with the sale of 11.000.000 shares of Marfin Popular Bank of total value 75.680.000,00 euro, which the Company is entitled to acquire pursuant to the terms of a financial instrument (total return equity swap), with the relevant voting rights exercised pursuant to Company's instructions.