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Mediterranean Bank plc Subordinated Unsecured Bond Issue

This is a formal notice issued with respect to an offer to the public by Mediterranean Bank plc
(the “Issuer”) of 5% subordinated unsecured bonds with a principal aggregate amount equivalent to €20 million due in 2027
(the “Bonds”). The Bonds will be issued at par in tranches denominated in Euro (the “EUR Bonds”) and Pounds Sterling (the “GBP Bonds”) of a nominal of €100 and £100 per EUR Bond and GBP Bond respectively.

In terms of Section
99 of the Companies Act, Cap. 386 of the laws of Malta, and Listing Rule 4.48, notice is hereby given that a prospectus dated 25 September 2017
has been issued and filed with the Registrar of Companies (the “Bond Prospectus”).

The Bond Prospectus may be downloaded form our website

Copies of the Bond Prospectus
can be obtained during office hours as from 2 October 2017 from Mediterranean Bank’s branches and the authorised financial
intermediaries listed hereunder:

 

NAME ADDRESS TELEPHONE
Jesmond Mizzi Financial Advisors Limited 67, Flat 3, South Street, Valletta VLT 1105 21224410
Charts Investment Management Service Ltd Valletta Waterfront, Vault 17, Pinto Wharf, Floriana FRN 1913 21224106

 

The Bonds are expected to be admitted to the Official List of the Malta Stock Exchange on 27 October 2017 and trading is expected to commence on 30 October 2017.
Trading in the EUR Bonds and the GBP Bonds shall take place on the Malta Stock Exchange in multiples of €1,000 and £1,000 respectively, subject to the retention of a
minimum holding of €25,000 or £25,000, as applicable, by each individual holder of the EUR Bonds or the GBP Bonds.

The Bonds are unsecured and subordinated.
Subordination means that the rights and claims of Bondholders in respect of the payment of capital and interest on the Bonds will, in the event of dissolution and winding
up of the Issuer, rank after the claims of all unsubordinated debt and will not be repaid until all other unsubordinated debt outstanding at the time has been settled. The
value of investments can rise or fall, and past performance is not necessarily indicative of future performance. Prospective investors are urged to consult an independent
financial adviser prior to investing in the Bonds.

Should you need any clarification on the above, do not hesitate to visit one of our branches or contact us on
(+356) 2557 4400, from Monday to Friday 8:00am to 6:00pm and on Saturday 8:00am to 1:00pm.

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