Public offer to the shareholders of Cytrustees

The Cyprus Stock Exchange approved on January 3,  2007 the Information Memorandum relating to the public offer by Bank of Cyprus to the shareholders of Cytrustees Investment Public Company Limited for the acquisition of up to 50% plus one share of the issued share capital of Cytrustees.

The Information Memorandum will be sent to the eligible shareholders along with the Declarations of Acceptance and Transfer documents.

As of 8 January 2007, shareholders may obtain free copies of the Information Memorandum from the offices of the Cyprus Investment and Securities Corporation Ltd (CISCO) at Evrou 4, Eurolife House, Nicosia and on the Bank of Cyprus Group’s website www.bankofcyprus.com (select Inv. Relations/ Prospectuses).

The Declarations of Acceptance and Transfer documents must be mailed or delivered to Cyprus Investment and Securities Corporation Ltd (CISCO) at Evrou 4, P.O.Box 20597, 1660 Nicosia or to the submission points referred to in paragraph 6.2 of the Information Memorandum so that they are received by 8 February 2007 before 1:30pm.