In accordance with the provisions of Greek Law L. 3556/2007 "Transparency requirements in relation to information about issuers whose securities are admitted to trading" and the Decision 1/434/03.07.2007 of the Greek Capital Market Commission, Bank of Cyprus announces that, for the purpose of calculating the significance of a purchase or sale of participation in Bank of Cyprus shares, the share capital of the Bank as of today, 31 October 2007, amounts to £281.169.819,50 divided into 562.339.639 ordinary shares of a nominal value of £0,50 each.