Athens, 23 May 2012

ANNOUNCEMENT

Eurobank EFG Group announces the following changes in top Management in Eurobank EFG Bulgaria A.D. and Bancpost S.A. (Romania) effective as of July 1^st 2012:

1. Mr. Peter Weiss, after one and a half years with Bancpost S.A., decided to resign from his position as Country CEO and CEO of the Bank for personal reasons. Mr. P. Weiss has significantly contributed to the improvement of Bancpost's liquidity and operations in a very challenging market environment.

2. Mr. Anthony Hassiotis, will assume the position of Country CEO and CEO of Bancpost S.A. For the last 8 years, Mr. A. Hassiotis has held the position of Country CEO and CEO of Eurobank EFG Bulgaria A.D. (Postbank). During this period, Mr. A. Hassiotis had an instrumental role in accelerating the Bank's growth, successfully completing the merger with DZI Bank, strengthening the Bank's market position and establishing Postbank as one of the leading Banks in Bulgaria.

3. Mrs. Petia Dimitrova, Deputy Chairperson of the Management Board, Country CFO and CFO of Eurobank EFG Bulgaria A.D. (Postbank), will assume the position of Country CEO and CEO of Postbank in Bulgaria. During her 9 years of service, Mrs. P. Dimitrova had a very valuable contribution to the successful evolution of Postbank.

4. Mr. Petros Angelakis, Deputy General Manager of the Group's International Activities Division will assume the position of the Deputy Chairperson of the Management Board of Postbank, responsible for Operations, Information Technology and Organization.