This announcement is sent for informational pursposes and concerns investors who maintain an account at the Cyprus Stock Exchange and have Capital Securities 2009 under the code CPBCB.


Cyprus Popular Bank Public Co Ltd (the “Bank”) announces the following:

Under the provisions of Term 5.3.5 of the Prospectus dated July 3, 2009 relating to Capital Securities issued by the Bank in 2009 (CPBCB), the payment of interest for the period June 30 to September 29, 2012 has been cancelled and therefore no interest will be paid for the said period.  According to the terms of the Issue, the interest payment cancellation is final and no longer payable by the Bank.

Additionally, 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.