Bank of Cyprus capital securities listing dates

Bank of Cyprus Public Company Ltd (the Bank) announced that the Cyprus Securities and Exchange Commission has approved on 30 April 2009 the Prospectus for the issue and listing on the Cyprus Stock Exchange and Athens Exchange of up to 645.327.822 Convertible Capital Securities of nominal value EUR1,00 each.
The right to participate in the Convertible Capital Securities issue via a Priority Right to subscribe will be granted to the Bank’s shareholders registered on the Central Depository / Registry of the Cyprus Stock Exchange (CSE) and/or the Dematerialised Securities System (DSS) of the Hellenic Exchanges on Tuesday, 12 May 2009 (Record Date) (Eligible Shareholders). i.e. buy transactions that take place before market close of the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) on Thursday, 7 May 2009 will be eligible to participate in the Convertible Capital Securities issue. Furthermore, Eligible Shareholders will be shareholders following off the exchange transfers completed on record date (12 May 2009).
As from Friday, 8 May 2009 (Ex- Priority Rights Date) the Bank’s shares will be trade on the CSE and the ATHEX excluding the right to participate in the Convertible Capital Securities issue.
This issue will not be offered to any shareholders in any country in which according to the laws of such country, such an offer is illegal or constitutes breach of any applicable law, rule or regulation (e.g. United States, Canada, Australia, South Africa, Japan).
Relevant allotment letters which will also constitute a subscription form for Eligible Shareholders will be sent along with other informative material relating to the terms and the subscription procedure of the Convertible Capital Securities to Eligible Shareholders on 18 May 2009.
The Subscription Period for Eligible Shareholders on the basis of Priority Rights (as will be allotted) is set at 20 May – 5 June 2009.
Interested Investors (shareholders or not), including holders of Convertible Bonds 2013/2018, may subscribe for any possible unsubscribed Convertible Capital Securities which will not be taken up by their Eligible Shareholders (the Rump Convertible Capital Securities) between 20 May – 5 June 2009. Subscription forms for the Rump Convertible Capital Securities will be available in all the branches of the Bank in Cyprus and Greece.