BOC results on 27 July

The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 27 July 2006 to examine the Bank of Cyprus Group financial results for the six months ended 30 June 2006. On the same day, the financial results will be announced to the Stock Exchange and

the Press. During the first quarter of the year, BOC lifted net profit by 132% year-on-year to CYP 37.22 mln from CYP 16.05 mln a year ago in the same period. For 2005, BOC reported net profit of CYP 72.4 mln while recently the Bank announced that it will beat and exceed its own target of CYP 120 mln profit for the whole of 2006.

UBS meanwhile, has forecast the BOC profit to reach CYP 140 mln.