Bank of Cyprus dividend reinvestment price fixed

Bank of Cyprus Public Co Ltd (BOCY) announced that the price at which the 2008 interim dividend will be reinvested into shares is EUR2.71. It is reminded that the price was calculated according to the terms of the Plan, based on the applicable 15% 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 exdividend.
According to the announcement, reinvestment of the interim dividend was requested by shareholders who hold 45% of the shares that are eligible to the interim dividend.