Bank of Cyprus improves Cytrustees offer

Bank of Cyprus Public Company Limited announces that it has purchased Cytrustees Investment Public Company shares on the Cyprus Stock Exchange at the price of EUR2,45 per share.

To this end and pursuant to Article 16 of the Cyprus Securities and Stock Exchange (Public Offer for Acquisition of Securities and Merger Companies Listed on the Stock Exchange) Regulations of 1997-2006, Bank of Cyprus Public Offer to the shareholders of Cytrustees is automatically revised.

The Revised Public Offer revises the offer consideration to EUR2,45 in cash for each Cytrustees share from EUR2,25 per Cytrustees share at the initial Public Offer .