Bank of Cyprus dividend reinvestment at EUR 7.74

According to the Bank of Cyprus Dividend Reinvestment Plan the price at which the final dividend for 2007 will be reinvested into shares is EUR7.74. It is reminded that the price was calculated according to the terms of the Plan, based on the applicable 10% discount on the weighted average closing price of the share on the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) for the first five working days that the share was quoted ex-dividend.
Reinvestment of the final dividend was requested by shareholders who hold 42% of the shares that are eligible to the final dividend.