The announcement is sent for informational purposes and concerns investors who maintain an account at the Cyprus Stock Exchange and have Capital Securities 2008 under the code CPBCS.


Cyprus Popular Bank Public Co Ltd (the “Bank”) announces that, under the provisions of Term 5.3.6 of the Prospectus dated June 6, 2008 relating to Capital Securities issued in 2008 (CPBCS), the calculated interest rate for the period December 31, 2012 to March 30, 2013 is set at 1,69%.

The Bank operates under conditions which are dictated by European Union legislation relating to state aid and is therefore subject to relevant prohibitions regarding interest payment in relation to capital instruments.  Additionally, it is noted that the 2012 Decree for the Underwriting of the Rights Issue of the Cyprus Popular Bank Public Co Ltd (which was issued in accordance with the Management of Financial Crisis Law) includes conditions prohibiting payment of any interest in relation to capital instruments not compatible with the requirements of Central Bank of Cyprus.