CYPRUS POPULAR BANK PUBLIC CO LTD

CAPITAL SECURITIES 2008 - INTEREST 30/06/2013 - 29/09/2013

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 Clause 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 June 30, 2013 to September 29, 2013 is set at 1,72%.  It is noted that the calculated interest rate for the period March 31, 2013 to June 29, 2013, for which the interest payment was postponed, is set at 1,71%.

 

The Bank is under resolution in accordance with the Resolution of Credit and Other Institutions Law of 2013.  In accordance with the Resolution of Credit and Other Institutions Law of 2013, the implementation of resolution measures does not activate any contractual clause, which is activated in the event of liquidation or insolvency or occurrence of any other event which may be described as a credit event or equivalent to insolvency.

 

The Bank does not hereby make any representation on its future decisions and/or actions.