Morgan Stanley reduces stake in Bank of Cyprus

Bank of Cyprus announced that it has been notified by Morgan Stanley that on Wednesday 10 September 2008 Morgan Stanley & Co International Ltd and Morgan Stanley & Co Incorporated New York decreased their participation in Bank of Cyprus shares by 0,364%. Following the above mentioned decrease, on 10 September 2008, Morgan Stanley & Co International Ltd and Morgan Stanley & Co Incorporated New York held in total 26.819.348 Bank of Cyprus shares, decreasing their shareholding from 5,041% to 4,677%.