Marfin Popular Bank Public Co Ltd announces that its Board of Directors at its meeting of 3 April, 2007 decided to proceed with the acquisition of the total share capital of Marfin Bank ATE from Marfin Financial Group S.A. Holdings S.A., for the total amount of Euro 616.533.000. The consideration has been set in accordance with the valuation report of the accounting firm "BDO Greek Auditors S.A." which was made for this purpose. The final agreement for the above transfer is expected to be completed in the next ten days.
Regarding the matters relating the capital structure and the issue of the necessary number of shares within the framework of the authorizations that have been granted to the Board of Directors by the Extraordinary General Meeting of 12 March, 2007 and the Extraordinary General Meeting of 31 October, 2006, the Board of Directors will continue its meeting on Thursday, 12 April, 2007, when a final decision will be reached.