C Y P R U S P O P U L A R B A N K P U B L I C C O L T D A N N O U N C E M E N T

A p p r o v a l o f P r o s p e c t u s

CYPRUS POPULAR BANK PUBLIC CO LTD ("Bank") announces that on November 14, 2012 the Cyprus Securities and Exchange Commission approved the Prospectuswhich has been prepared in accordance with the Public Offer and Prospectus Law of 2005 (N114(I)/2005) and Regulation 809/2004 (as amended by Regulations 486/2012 and 862/2012) of the European Commission, and which relates to: