CYPRUS POPULAR BANK PUBLIC CO LTD

PROFIT WARNING (30/09/2012)

In accordance with the relevant regulations of the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission, Cyprus Popular Bank Public Co Ltd Group wishes to inform investors that the level of total provisions for doubtful debts and other possible impairments for the nine months ended 30/09/2012, is expected to be increased as compared to the provisions of the corresponding period of the previous year.  Therefore, the financial results for the nine months ended 30/09/2012 will show a negative deviation compared to the results of last year's corresponding period.