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04/11/2003
INTRACOM S.A.
CYPRUS BANK LTD
INTRACOM S.A. : New Project in Syria
INTRACOM has signed a contract, budgeted at 2.5 million euros, with Syrian Telecommunications Establishment (STE), Syria?s primary telecom organization, following an international allocation to the lowest tender.

The project involves the supply of wireless digital access networks based on point-to-multipoint technology (INTRACOM manufactured IAS-W systems). By means of these systems, STE will support telephony, data and BRA-ISDN services provision in three Syrian prefectures as well as the capital, Damascus, thus significantly ameliorating the quality of its national telecom network.

CYPRUS BANK LTD : Exercise of Bank of Cyprus LtD centenary Warrants 1999/2003 by their holders
According to the Terms of Issue of the Bank of Cyprus Ltd Centenary Warrants 1999/2003 (the Warrants), the Last Subscription Date of the Warrants by their holders was October 31st 2003.

The Warrants exercised by their holders over the Subscription Period as a percentage of the total Warrants outstanding (33.664.226) was approximately 65%. The exact number of Warrants exercised by their holders will be determined upon the clearance of the funds in relation to the payment of the Subscription Price of the Warrants.