Extension of Appointment of Group Chief Executive Officer

At its meeting held yesterday, the Board of Directors of Bank of Cyprus Public Company Ltd (the "Bank" or the "Group") decided to extend the appointment of Mr. John Patrick Hourican as Group Chief Executive Officer.

Accordingly, Mr. Hourican will sign a new two year contract, effective from 1 February 2016.
The Board of Directors would like to thank Mr. Hourican for his valuable contribution to the Group over the past two years and to wish him every success in his new term with the Group.

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