The Board of Directors of "MARFIN FINANCIAL GROUP HOLDINGS S.A." announces that during its meeting of 5.3.2007 finalized the proposal to the Ordinary General Shareholders Meeting for the announced share capital increase. The General Shareholders Meeting will be held on Thursday, March29, 2007 and following the approval of the Annual Financial Statements, isexpected to approve a share capital increase of euro 5,190,223,862.60. The issueprice will be proposed to be euro 6.70 and nominal value euro 0.54 per share. Theissuance of 774,660,278 new shares corresponds to 14 new shares for 1 oldshare. MFG has submitted a request to the administration of Athens StockExchange for the, if necessary, adaptation of the regulatory framework takinginto account the characteristics of the proposed share capital increase. Theshare capital increase will fund the new activities of the Company, which will mainly be buy - out and equity investments in Greece, Cyprus and the Southeastern Europe region. The Board of Directors has been informed that Marfin Popular Bank, main shareholder with 95%, intends to decide not to exercise its preferential rights for the capital increase. Furthermore the proposal of the Board of Directors to the General Meeting of the shareholders is the distribution to the shareholders of a return of capital euro 10.92 per share and euro 4.41 as a dividend i.e. totally euro 15.33 per share. The Board of Directors will also propose the renaming of the Company to MARFININVESTMENT GROUP (MIG) and the Shareholders Meeting will elect the new Board of Directors.