BOC enters FTSE ATHEX 20

Bank of Cyprus announced that it will enter the FTSE ATHEX 20 index on 9 October 2006. It will be the 10th largest company in terms of capitalisation and it will have the seventh largest weight of all the index constituents, which is estimated at 6,26% based on data as of 4 October 2006.

The FTSE ATHEX 20 constituent changes follow a decision reached yesterday by the Board of Directors of the Athens Exchange.

The above development is very positive for Bank of Cyprus, which will constitute an important part of FTSE ATHEX 20, which is a significant reference index for investments on the Athens Exchange.