PROTON BANK S.A. (the "Bank") announces that the Second Iterative General Meeting of Shareholders dated 23.05.2011 resolved to reduce the Bank's share capital by an amount of 262,645,214.18 euros, for the purpose of creating a special reserve in the same amount. The reduction of the Bank's share capital was effected by a corresponding reduction of the nominal value of the ordinary share from € 4.49 each to € 0.30 each. 

After this reduction, the Bank's share capital amounts to € 98,805,142.39, divided into 62,683,822 ordinary registered shares each with a nominal value of € 0.30 and 17,817,371 preference registered non-voting, tangible and redeemable shares issued under the provisions of Law 3723/2008, each with a nominal value of € 4.49.

By its Decision number K2-7669/8.9.2011, the Ministry of Development approved the amendment of the Bank's relevant Articles. The Athens Exchange was advised on 22.9.2011 of the reduction of the nominal value of the Bank's ordinary shares.

Following the above, as of 28.9.2011 the Bank's ordinary shares shall be traded at the Athens Exchange with the new nominal value of € 0.30 per share.