PIRAEUS FINANCIAL HOLDINGS S.A.

Annual Reporting to Analysts

In line with the schedule of intended corporate actions, the Annual Reporting to Analysts took place today, March 2nd, 2007 at Piraeus Bank''s premises. The material distributed at the event (Piraeus Group presentation) is available at the bank''s site (www.piraeusbank.gr) at the Investor Relations section - Presentations and at the Athens Stock Exchange site, both in Greek and English.