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BANK OF CYPRUS PUBLIC COMPANY LTD
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Announcement
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January 12, 2009 The Bank of Cyprus Group announces that its shareholding in the issued share capital of Hellenic Bank Public Company Limited ("Hellenic Bank") now exceeds the 5,00% threshold due to the acquisition of 295.000 shares in Hellenic Bank by the Group's subsidiary EuroLife Ltd through transactions on the Cyprus Stock Exchange. It should be clarified that these transactions were effected by EuroLife Ltd on behalf of the insurance funds managed by EuroLife and that these shares belong to the policyholders of EuroLife Ltd. The Group's participation in the share capital of Hellenic Bank amounts to 15.126.712 shares or 5,09% of the share capital of Hellenic Bank. This announcement is made pursuant to article 171 of the Cyprus Securities and Cyprus Stock Exchange Laws of 1993 to 2005 and Cyprus Law 190(1)/2007.
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