ATEbank announces that according to the B.o.DΆs decision dated 02.11.2011, it will proceed to the liquidation of 14,227 common registered shares of the Bank, which resulted from fractional balances, following the increase of the shareΆs nominal value from ¤0.72 to ¤7.2000000318075800 with a simultaneous decrease of the number of the BankΆs shares from 905,444,444 to 90,544,444 common registered shares (Reverse Split), with the proportion of 1 new share for every 10 existing shares, as it was decided on 29.04.2011 by the Shareholders Ordinary General Meeting and was approved by the decision of the Minister of Finance No Κ2-4663/17-05-2011.

 “ATE SECURITIES S.A.” is appointed to execute the liquidation of the specific shares on the Athens Exchange, which will be held on 08.11.2011. The starting price for the liquidation of shares will not deviate by more than five percent (5%) from the previous closing price right before the liquidation trading day. (i.e.: on Monday 07.11.2011)

 The net proceeds from the liquidation will be distributed to eligible shareholders at ATEbankΆs responsibility.

 ATEbank will proceed to a new announcement in order to inform on the result of the liquidation, as well as on the procedure regarding the collection of the amount by eligible shareholders.

 For any further information, shareholders should contact during working days and hours the Shareholders Department at tel. 210 32 98 400 & 210 32 98 645.