February 21, 2007 Bank of Cyprus Public Company Limited ("Bank of Cyprus") announces that on 20 February 2007, through transactions on the Cyprus Stock Exchange it has acquired 57.829 shares in Cytrustees Investment Public Company Limited ("Cytrustees"), which when added to the number of shares already held by Bank of Cyprus exceeds 20,00% of Cytrustees' issued share capital.
Before these transactions Bank of Cyprus held 4.776.106 shares (19,78%) in Cytrustees. After the abovementioned transactions, Bank of Cyprus' direct shareholding in Cytrustees is estimated at 20,04%.
This announcement is made pursuant to article 171 of the Cyprus Stock Exchange Law of 2005.
