February 8, 2007 Bank of Cyprus Public Company Limited ("Bank of Cyprus", "Offeror") announces that today has purchased Cytrustees Investment Public Company Limited at the Cyprus Stock Exchange at the price of Euro 2,45 per share.
To this end and pursuant to Article 16 of the Cyprus Securities and Stock Exchange (Public Offer for Acquisition of Securities and Merger Companies Listed on the Stock Exchange) Regulations of 1997-2006, Bank of Cyprus Public Offer to the shareholders of Cytrustees is automatically revised.
The Revised Public Offer revises the offer consideration to €2,45 in cash for each Cytrustees share from Euro 2,25 per Cytrustees share at the initial Public Offer.
