CYPRUS POPULAR BANK PUBLIC CO LTD (“Bank”) announces that on November 14, 2012  the Cyprus Securities and Exchange Commission approved the Prospectus which has been prepared in accordance with the Public Offer and Prospectus Law of 2005 (N114(I)/2005) and Regulation 809/2004 (as amended by Regulations 486/2012 and 862/2012) of the European Commission, and which relates to:

• The listing for trading on the Cyprus Stock Exchange of a Bond in the form of 5.000 Guaranteed Bonds, bearing an annual fixed interest rate of 6%, of nominal value €100.000 each (namely of total nominal value €500.000.000) in accordance with the Law on the Granting of Government Guarantees for the Conclusion of Loans and/or the Issue of Bonds by Credit Institution, of 2012 (N.156(I)/2012) and the Decree on the Granting of Government Guarantees for the Conclusion of Loans and/or the Issue of Bonds by Credit Institutions, of 2012 (ΚΔΠ 439/2012).  The Guaranteed Bonds will bear the guarantee of the Government of the Republic of Cyprus, which was provided on the basis of the Contract for the provision of Government Guarantees that was signed on November 14, 2012 between the Government of the Republic of Cyprus and the Bank.

The Prospectus dated November 14, 2012, as approved by the Cyprus Securities and Exchange Commission, will be available without charge during the effective period of the Prospectus:

in electronic form as from November 14, 2012:

• on the Bank's website (www.laiki.com – Choose: Investor Relations / Corporate Information / Prospectuses)
• on the Lead Manager's / Prospectus Drawing Up Lead Manager's “Laiki Financial Services Ltd” (www.laikifs.com)
• on the Cyprus Securities and Exchange Commission website (www.cysec.gov.cy)
• on the Cyprus Stock Exchange website (www.cse.com.cy)

 in printed form as from November 15, 2012:

• at the Head Office of the Bank (154 Limassol Avenue, 2025 Nicosia)
• at the offices of the Lead Manager / Prospectus Drawing Up Lead Manager “Laiki Financial Services Ltd” (26 Vyronos Avenue, 1096 Nicosia)

 The Bank is in the process of listing the Bond on the Cyprus Stock Exchange.  The trading of the securities will commence after obtaining the relevant approval of the Cyprus Stock Exchange.