The Shareholders' Annual General Meeting of the Bank of Cyprus Ltd., which was held on 25 April 2001, approved the Board of Directors' recommendation for the payment of final dividend for the year 2000 at C£0.08 per share and set the ex-dividend date on Monday, 30 April 2001.Based on the ex-dividend date of 30 April 2001, transactions that take place up until Friday, 27 April 2001, will be eligible to the final dividend for the year 2000.It is noted that due to the different settlement periods that apply to the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE), the transfer of shares between the Dematerialised Securities System of the ASE and the Cyprus Share Register will not be effected during the seven working days following the last day on which the shares will trade cum-dividend. In other words, such transfers will not be effected from 30 April 2001 to 9 May 2001.The final dividend for the year 2000 of C£0.08 per share will be paid by cheque to the eligible shareholders on Monday, 14 May 2001.