CYPRUS POPULAR BANK PUBLIC CO LTD (the “Bank”) announces that the trading of 1.799.975.612 new ordinary shares of nominal value €0,10, which resulted from (a) the share capital increase of the Bank which was fully underwritten by the Republic of Cyprus and (b) the completion of the offer for voluntary exchange of existing capital securities issued in 2008 (CPBCS), 2009 (CPBCB) and 2010 (CPBCC) (“Eligible Capital Securities”) with ordinary shares, will commence on the Athens Exchange (ATHEX) and the Cyprus Stock Exchange (CSE) on Friday  August 24, 2012.  The Athens Exchange (on 22/08/2012) and the Cyprus Stock Exchange have approved the listing for trading of the 1.799.975.612 new shares.

On the date of commencement of trading the new shares will be credited to the investors' accounts and securities accounts of the beneficiary shareholders at the Dematerialised Securities System of Hellenic Exchanges and the Central Depository / Registry of the Cyprus Stock Exchange.  Also, on the same date the starting price will be adjusted in accordance with the Resolution 26 of the Board of Directors of the ATHEX and the Regulations of the CSE.

Consequently, and taking into account that the new shares allotted to the Republic of Cyprus (17.960.598.952) in accordance with the terms of the Decree for the Underwriting of the Rights Issue of the Cyprus Popular Bank Ltd, the Prospectus dated 22/05/2012 and the Supplementary Prospectuses dated 19/06/2012 and 17/08/2012, will not be listed on a stock exchange or other regulated market, the issued share capital of the Bank amounts to €2.137.168.512,20 divided into 21.371.685.122 ordinary shares of nominal value 0,10 euro each.  It is noted that the listed share capital of the Bank amounts to €341.108.617 divided into 3.411.086.170 ordinary shares of nominal value 0,10 euro each.