CYPRUS POPULAR BANK PUBLIC CO LTD
Issue of second series of covered bonds by MARFIN EGNATIA BANK S.A.
Further to its announcement of 18.11.2008 MARFIN POPULAR BANK PUBLIC CO LTD announces that MARFIN EGNATIA BANK S.A., following the approval of the Bank of Greece, issued the second series of (ordinary) covered bonds for the amount of 500 million euro, within the framework of the existing Programme for the issue of (ordinary) covered bonds of up to 3 billion euro, as applied (Issue Programme). The agreement of MARFIN POPULAR BANK PUBLIC CO LTD for granting credit facilities to MARFIN EGNATIA BANK S.A. to secure possible demands of the Covered Bondholders and of all the Secured Creditors, in line with the Issue Programme, continues to apply. It is reminded that the first series of the (ordinary) covered bonds amounted to 1 billion euro.