Bank of Cyprus results, targets on February 7

The Bank of Cyprus Group preliminary financial results for the year ended 31 December 2006 and the possible payment of a final dividend will be examined by the Board of Directors at its meeting to be held on Wednesday, 7 February 2007, instead of 27 February 2007 as previously announced.

The three-year strategic plan 2007-2009 of the Group as well as its targets with regard to key performance indicators for the three-year period will also be examined by the Board on the same date (7 February 2007), instead of 25 January 2007 as previously announced.

It was considered that the simultaneous announcement of the preliminary results for 2006 and the targets for the three year period 2007-2009 will provide the investing public with a complete view for the direction and the prospects of the Group.

The relevant announcements to the Cyprus and the Athens Stock Exchanges and to the Press will be made after the market close on 7 February 2007.

The final audited financial results of the Group for 2006 will be examined by the Board of Directors on 27 February 2007, as previously announced.