Cyprus Popular Bank Public Co Ltd (the “Bank”), further to its announcement dated 23 July 2012, announces that after the issue of the (Amending) (No. 2) Decree for the Underwriting of the Rights Issue of the Cyprus Popular Bank Ltd of 2012, the Bank has been asked to issue a Supplementary Prospectus further to the Prospectus dated 22 May 2012 and the Supplementary Prospectus dated 19 June 2012 (hereinafter referred to as the “Prospectus”), regarding the listing on CSE and ATHEX of the shares resulting from the exercise of Rights and the voluntary exchange of existing capital securities with ordinary shares.

Considering the above, the trading of the shares resulting from the exercise of Rights and the voluntary exchange of eligible capital securities with shares as provided in the Prospectus, will not start on 25 July 2012 as already announced, but after the approval of the Supplementary Prospectus by the Cyprus Securities and Exchange Commission during the next days.