Cyprus Universal Bank splits shares

The CSE announced that from January 28, 2009 the shares of Universal Bank Public (USB) will trade split with their new nominal value of EUR0.57 from EUR 1.71 and without the right of participation in the split.
Hence, 30,256,302 new shares have been issued and allocated to the ratio of 3 new shares for every old share. The new shares will start trading in the CSE at a date to be announced at a later stage. From Wednesday, January 28, 2009, the shares will trade with their adjusted trading price.