Athens, 08 March 2012
Temporary Suspension of trading of the Convertible Enhanced Capital Securities of the Company BANK OF CYPRUS PUBLIC COMPANY LTD

The President of the ATHEX Board of Directors, taking into consideration a request of the company BANK OF CYPRUS PUBLIC COMPANY LTD, decided the temporary suspension of trading of the Convertible Enhanced Capital Securities (euro and dollar), as from Wednesday, 14 March 2012 till Monday, 26 March 2012 (included) so as to secure the proper operation of the market and to ensure that the procedure of the applications for the acceptance of the redemption of CECS with Mandatory Convertible Notes is completed correctly.

The start trading of these securities will be held on Tuesday, 27 March 2012.