CYPRUS POPULAR BANK PUBLIC CO LTD

Method of dividend payment

Marfin Popular Bank Public Co Ltd (the "Bank"), following the Annual General Meeting of its Shareholders on 15.5.2008, where the final dividend for 2007 amounting to EUR 0,35 per share was approved, informs its shareholders on its payment method:
1. Holders of shares registered in the Shares Register System / Cyprus Stock Exchange Depository
The dividend to the holders of shares registered in the Shares Register System / Cyprus Stock Exchange Depository shall be paid by cheque sent by mail to the beneficiaries, or by credit to their account in Marfin Popular Bank Public Co Ltd, according to their relative directions, or to an operator, according to the directions given by them to the Cyprus Stock Exchange.
2. Holders of shares registered in the Dematerialised Securities System of the Athens Stock Exchange
The dividend to the holders of shares registered in the Dematerialised Securities System of the Athens Stock Exchange shall be paid by cheque sent by mail to the beneficiaries.
It should be reiterated that, according to the Financial Calendar announced by the Company in accordance with the Athens Stock Exchange Regulation, as beneficiaries for the dividend (Euro 0,35 per share) are considered the shareholders at the end of the trading session of the Cyprus Stock Exchange and the Athens Stock Exchange on Thursday 22nd of May 2008. From Friday 23rd of May 2008 the Bank's shares shall be traded in the Cyprus Stock Exchange and in the Athens Stock Exchange without the said right. The 2nd of June 2008 is set as the date for the payment of the dividend.
It is noted that on the Group's website at the section "Announcements" under the title "Dividend Payment of Marfin Popular Bank" has been posted the "Questionnaire for ascertaining whether the conditions relating to the term 'Non Cyprus Resident' are met for the year 2008", which must be returned completed and signed by the shareholders / non Cyprus residents until 23/05/2008.
It is also reminded that the shareholders have been granted the right to re-invest part or whole of the dividend into shares of the Bank. Information for the Re-investment Scheme has been sent to the shareholders and has been notified to the public by previous announcements of the Bank. It has also been posted on the Group's website at the section "Investor Relations".
For any additional clarifications, the shareholders may contact the Laiki Telebank, tel. 80002000 from Cyprus and +357 22887766 from abroad and the Shares Department, tel. +357 22363380.