Athens, 24 May 2012

Press Release of the Athens Exchange

The Athens Exchange (ATHEX), during its session on May 24th, 2012, approved the admission to trading of 1,611,110,558 pre-emption rights associated with the shares of the company "CYPRUS POPULAR BANK PUBLIC CO LTD", that resulted from the share capital increase carried out in the form of a Rights Issue and realized in favour of the old shareholders of the company, in terms of: 67 new common registered shares for every 6 old common registered shares, at an issue price of euro 0.10 per share. The ex-rights date is set on May 28^th, 2012. The rights' subscription period will take place between June 15^th, 2012 and June 29^th, 2012 (included), while their trading in the electronic trading system (OASIS) of ATHEX will take place between June 15^th, 2012 and June 22^nd, 2012 included.