Relating to the interim dividend (euro 0,15 per share) which was approved by the Board of Directors on 6 November 2008, Bank of Cyprus reminds the investing public the following:

The ex-dividend date is Monday, 24 November 2008, i.e. buy transactions that take place before market close of the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) on 21st November 2008 will be eligible to the interim dividend. Furthermore, eligible investors will be shareholders following off the exchange transfers completed on 21st November 2008. It is noted that any transfers of securities between the Central Depository/Registry of the CSE and the Dematerialised Securities System of the Hellenic Exchanges between 21 to 26 November 2008, will be considered and the dividend will be paid according to the register on which the shares are registered on 26 November 2008.

The dividend will be paid to the eligible shareholders on Tuesday, 9 December 2008.