Announcement

Resignation of Board Members

Nicosia, 10 January 2013

Bank of Cyprus Public Company Ltd ("Bank") announces that Messrs. George M. Georgiades and Nikolaos P. Tsakos submitted their resignation from the Board of Directors of the Bank on 9 January 2013.

The Board of Directors at its meeting held today accepted the resignations of Messrs. Georgiades and Tsakos and expressed its warmest thanks to them for their valuable contribution as Board Members of the Bank since 2002 and 2008 respectively.

Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In addition to retail and commercial banking, the Group's activities include finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Group currently operates through a total of 556 branches, of which 190 operate in Russia,
181 in Greece, 126 in Cyprus, 44 in Ukraine, 10 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has 6 representative offices in Russia, Ukraine, Serbia and South Africa. The Bank of Cyprus Group employs 11.101 staff worldwide.
At 30 September 2012, the Group's Total Assets amounted to €36,23 bn and the Shareholders' Funds were €2,31 bn. The Bank of Cyprus shares are listed on the Cyprus and Athens Stock Exchanges. Additional information can be found on the Group's website www.bankofcyprus.com .

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