BANK OF CYPRUS PUBLIC COMPANY LTD

Change of members of the board of directors

At the meeting of the Board of Directors of the Bank of Cyprus Public Company Ltd (''the Bank'') held today, Mr. Dimitris Ioannou announced his resignation from his position as a member of the Main Board of Directors of the Bank following 19 years of service.
The Board of Directors expresses its warmest thanks and great appreciation for Mr. Ioannou''s quality of character and his valuable and longstanding contribution to the Board.
At the same meeting Mr. Costas Hadjipappas, an employee of the Group, was appointed as a member of the Board of Directors of the Bank.