The Bank of Cyprus (BOC) Group announces its preliminary agreement to acquire VICTORY AXEPEY, a brokerage company in Greece.The said company was set up beginning of 2000 by Mr Costas Vasilakopoulos ex General Manager of Ergobank and Mrs Aggeliki Petroulaki · Zafirakou, ex General Manager of the brokerage company of Ergobank.The said company will be renamed ?Kyprou Brokerage? and the above managing directors will become part of BOC Group's personnel together with the company's rest of staff.This agreement, which is expected to be signed within the next few days, is subject to due- diligence audit (financial and legal) and to the approval of the Greek Capital Markets Committee and the Athens Stock Exchange.