Bank of Valletta plc

AGM Information • Sep 13, 2017

BOV/317

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Bank of Valletta p.l.c. pursuant to the Malta Financial Services Authority Listing Rules:

Quote

Reference is made to Company Announcement No 314 issued on 28 July 2017 whereby Bank of Valletta p.l.c. had announced that during the Extraordinary General Meeting held on 27 July 2017 the shareholders had considered and approved the following resolution:

"That the authorised share capital of the Company be and is hereby increased, subject to regulatory approval, from €500 million to €1,000 million."

Bank of Valletta p.l.c. hereby announces that it is now in receipt of the above captioned regulatory approval issued by the European Central Bank.

Unquote

Dr. Ruth Spiteri Longhurst B.A., LL.D. Company Secretary

13 September 2017