Bank of South Pacific Ltd - March Cleansing Statement

Date: Monday 13th March, 2017


BSP is aware of speculation regarding a potential secondary listing of BSP on the Australian Securities Exchange ("ASX"). As previously announced to POMSOX, BSP has been assessing how it might improve the liquidity of its share register. In that context, BSP confirms that it is currently exploring a potential secondary listing on ASX ("Potential Listing").

The timing and size of any offer under the Potential Listing, will depend on a number of factors within and outside BSP's control, including prevailing market conditions and investor appetite.

BSP will provide an update if and when there are any material developments.

Sir Kostas  G. Constantinou OBE

Group Chairman | Bank of South Pacific Ltd