Bank of Valletta plc - Banco di Sicilia shareholding

In a company announcement issued this morning, Bank of Valletta plc notes that it has been advised by Banco di Sicilia that they are denying reports carried in a section of the media that Banco di Sicilia has approved the sale of its 14.56% shareholding in Bank of Valletta to an undisclosed buyer.

Bank of Valletta confirms further that no approach has been made to the Competent Authority on a possible sale or transfer of these shares.