ΤΡΑΠΕΖΑ ΚΥΠΡΟΥ Δ.Ε.Λ.

Announcement according to Cyprus Law 190(I)/2007 - Number of shares.

In accordance with the provisions of Cyprus Law L. 190(I)/2007 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 December 2008, amounts to euro 586.661.656 divided into 586.661.656 ordinary shares of a nominal value of euro 1,00 each.