Piraeus Bank announces that on December 23rd, 2011 «SHENT ENTERPRISES LIMITED», bought over the counter 1.961.914 common shares of Piraeus Bank for the aggregate amount of euro 463.011,70. «SHENT ENTERPRISES LIMITED» is, pursuant to the provisions of Law 3340/2005 and Decision 3/347/12.07.2005 of the Hellenic Capital Market Commission, a related legal entity with Mr Michalis Sallas father's name Georgios, Chairman of the Board of Directors of Piraeus Bank.