BANK OF CYPRUS PUBLIC COMPANY LTD

Announcement according to Cyprus Law 190(I)/2007

Bank of Cyprus announces that today, 30 June 2011, is the first day of trading of 4.192.331 new ordinary shares arising from the dividend reinvestment.
The Bank announces that, in accordance with the provisions of Cyprus Law L. 190(I)/2007 for the purpose of determining significant participation in the Bank's share capital, its issued share capital amounts to €899.140.529 divided into 899.140.529 ordinary shares of a nominal value of €1,00 each.
Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In addition to retail and commercial banking, the Group's activities include finance, factoring, investment banking, brokerage, fund management, life and general insurance. The Group currently operates through a total of 608 branches, of which 220 operate in Russia, 185 in Greece, 143 in Cyprus, 31 in Ukraine, 12 in Romania, 12 in Australia, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has 9 representative offices in Russia, Romania, Ukraine, Canada, Serbia and South Africa. The Bank of Cyprus Group employs 12.892 staff worldwide.
At 31 March 2011, the Group's Total Assets amounted to €41,72 bn and the Shareholders' Funds were €2,93 bn. The Bank of Cyprus shares are listed on the Cyprus and Athens Stock Exchanges. Additional information can be found on the Group's website www.bankofcyprus.com.