ΤΡΑΠΕΖΑ ΚΥΠΡΟΥ Δ.Ε.Λ.

Change of the company's name to Bank of Cyprus Public Company Ltd.

On 19 May 2004 the Extraordinary General Meeting of the company named "Bank of Cyprus Ltd" in English and "Τράπεζα Κύπρου Λίμιτεδ" in greek approved the change of the company's name to "Bank of Cyprus Public Company Ltd" in english and "Τράπεζα Κύπρου Δημόσια Εταιρία Λίμιτεδ" in greek.

The change of the company's name was recorded on the Cyprus Register of Companies on 12 July 2004.

The Board of Directors of the Athens Exchange at its meeting held on 3 February 2005 was informed of the above change. Following the above, the company has decided that, with effect from Thursday, 10 February 2005, its name on the Athens Exchange will be changed to "Bank of Cyprus Public Company Ltd" in english and "Τράπεζα Κύπρου Δημόσια Εταιρία Λίμιτεδ" in greek.

Nicosia, 7 February 2005

Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. The Group has been expanding rapidly in Greece. It has an established banking presence in the United Kingdom and in 2001 it expanded to Australia. Internationally, the Bank of Cyprus Group seeks to serve the expatriate Greek and Cypriot communities. In addition to retail and commercial banking, the Group's activities include finance, factoring, investment banking, brokerage, fund management, custody, life and general insurance. The Group currently operates through a total of 283 banking outlets, of which 172 operate in Cyprus, 96 in Greece, six in the United Kingdom, eight in Australia and one in the Channel Islands. Bank of Cyprus also has representation in the United States of America, Canada, South Africa, Russia and Romania. At 30 September 2004, the Group's Total Assets reached C£10,21bn (?17,73bn) and the Group's Shareholders' Funds were C£548mn (?952mn). The Bank of Cyprus Group employs 5.849 staff worldwide. The Bank of Cyprus shares are listed on the Cyprus and Athens Stock Exchanges. Additional information can be found at the Group's website www.bankofcyprus.com.