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BANK OF CYPRUS PUBLIC COMPANY LTD
Announcement

January 22, 2009 Regarding the report on the Greek and Cypriot Banks issued yesterday 21 January 2009 by Deutsche Bank, Bank of Cyprus expresses its surprise for the inaccuracies and the arbitrary way with which the various assumptions and admissions regarding the results and the prospects of the Group were made. For the timely provision of information to the public and investors, as already announced, the Bank of Cyprus will announce earlier the preliminary financial results of the Group for the year ended 31 December 2008 on Tuesday, 3 February 2009. The final audited financial results of the Group for 2008 and the targets for the year 2009 will be announced on Wednesday 25 February 2009. With the above forthcoming announcements, Bank Cyprus will provide the appropriate information and will comprehensively analyse the targets and strategy of the Group to the investing public.



     




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