November 1, 2006 MARFIN F.G. announces to its shareholders and the investment community that during the General Meeting of CYPRUS POPULAR BANK which took place yesterday in Nicosia, 1,270 shareholders representing 53.13% of the Company's share capital, unanimously approved the renaming of the Bank to MARFIN POPULAR BANK as well as the share capital increase without priority rights to the existing shareholders, which was necessary in order to ratify the public offers for the acquisition of MARFIN F.G. and EGNATIA BANK shares.
The General Meeting was conducted in an enthusiastic atmosphere regarding future prospects of the new group under-formation and it is indicative that the only opposition appeared in the issue of the resignation of the existing shareholders from their priority rights by only one shareholder with 21,770 shares (0.01% of the shares present at the General meeting).
