Listing of shares on the Cyprus Stock Exchange and the Athens Exchange.

ΤΡΑΠΕΖΑ ΚΥΠΡΟΥ Δ.Ε.Λ.

Listing of shares on the Cyprus Stock Exchange and the Athens Exchange.

The Bank of Cyprus Group informs the investing public that on Monday, 7 July 2003, 8.168 Bank of Cyprus shares will be introduced for trading simultaneously on the Cyprus Stock Exchange and the Athens Exchange.

These 8.168 shares were the result of the conversion of 6,75% Subordinated Convertible Bonds due 2003.

After the aforementioned introduction, the total number of Bank of Cyprus shares will amount to 437.465.860.