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ANNOUNCEMENT ACCORDING TO GREEK LAW 3556/2007
March 12, 2008

Bank of Cyprus, in accordance with the provisions of Greek Law L. 3556/2007 (articles 3(xvi) (bb) and 21), in conjunction with article 11 of Decision 1/434/3.7.2007 of the Greek Capital Markets Commission, notifies that Constantinos Neofytou (person obliged to notify pursuant to article 13 of L.3340/2005, as it is closely connected with Marianna Pantelidou), bought on 11 March 2008 a total of 800 Bank of Cyprus shares for a total value of 6.064 euro.



For further information, please contact: Mrs. Marianna Pantelidou, Investor Relations, Bank of Cyprus Group, Tel: (357) 22-881740, Fax: (357) 22-336258 or Mr. Nicolas Bornozis, President at Capital Link Inc. in New York at (212)661-7566. This and additional information can also be accessed on Capital Link's website.






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