Athens, December 4, 2014

Press Release

The Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange, during its session on December 4, 2014,  approved the admission to trading of:

• 8,904,425,940 common registered shares of the company "BANK OF CYPRUS PUBLIC COMPANY LTD", which are comprised of:
  • 3,873,269,066 common registered shares issued to bailed in holders of uninsured deposits and other products of the Bank, in accordance with the Bail-in Decrees;
  • 5,781,443 common registered shares issued to bailed in holders of subordinated debt securities of the Bank, in accordance with the Bail-in Decrees;
  • 858,708,764 common registered shares issued to Laiki Bank pursuant to the Laiki Transfer Decrees; and
  • 4,166,666,667 common registered shares issued pursuant to the Placing and Open Offer. The Placing and Open Offer constitute phases 1 and 2 of the Bank's Share Capital Increase, which was approved at the EGM held on August 28, 2014.

The start date of trading of the new shares, as well as, the resumption of trading of the total of the Bank's shares will be determined and disclosed following the relevant decision of the Hellenic Capital Market Commission regarding the lift of the suspension of trading placed on the Bank's shares of 31/10/2014.

Moreover, the Committee during its session approved the acquisition of a market making license for the ΗELEX Member «EUROBANK EQUITIES S.A.», for market making on the shares of the listed company «LAMDA DEVELOPMENT S.A.» and set of the start date of market making on the aforementioned shares for Monday,  December 08th 2014.