Bank of Cyprus Public : Total number of Shares of Bank of Cyprus Holdings Public Limited Company for admission to listing and trading on the London Stock Exchange and the Cyprus Stock Exchange

Announcement

Total number of Shares of Bank of Cyprus Holdings Public Limited Company for admission to listing and trading on the London Stock Exchange and the Cyprus Stock Exchange

Nicosia, 17 January 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD VIOLATE THE LAWS OF THAT JURISDICTION Group Profile

Founded in 1899, Bank of Cyprus Group is the leading banking and financial services group in Cyprus. The Group provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Group operates through a total of 129 branches, of which 123 operate in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4.229 staff worldwide. At 30 September 2016, the Group's Total Assets amounted to €22,4 bn and Total Equity was €3,1 bn.

Following the announcement on 13 January 2017, Bank of Cyprus Holdings Public Limited Company ("BOCH") announces that the total number of BOCH ordinary shares of nominal value €0,10 each expected to be in issue on Admission will be 446.199.933, calculated in accordance with the Consolidation Basis.

The ordinary shares are expected to be admitted to the standard listing segment of the Official List of the United Kingdom's Financial Conduct Authority, to trading on the Main Market for listed securities of the London Stock Exchange, to listing on the Cyprus Stock Exchange ("CSE") and to trading on the Main Market of the CSE, on Thursday 19 January 2017.

Unless otherwise defined, capitalised terms used herein have the meanings given to them in the Shareholders' Circular published by Bank of Cyprus Public Company Limited on 21 November 2016 setting out the full details of the Scheme of Arrangement.

The ordinary shares have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act") or under the securities laws of any state or other jurisdiction of the United States and have been issued in reliance upon the exemption from the registration requirements of the US Securities Act provided by Section 3(a)(10). The ordinary shares have not been approved or disapproved by the SEC, any state securities commission in the United States or any other US regulatory authority, nor have such authorities passed upon or determined the fairness or merits of the ordinary shares or upon the adequacy or accuracy of the information contained in this announcement. Any representation to the contrary is a criminal offence in the United States.

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