In accordance with the provision of article 2, para. 2 (e) of the resolution no. 3/347/12.7.2005 of the Hellenic Capital Market Commission, Piraeus Bank SA notifies the resolutions adopted by its Board of Directors, at its meeting held on May 7, 2007:
1. Mr. Alexandros Manos was elected new member of the Board of Directors, in substitution of the as of 14.03.2007 resigned member Mr. Michalis Gigilinis.
The above election shall be submitted for approval, according to the law, to the next General Meeting of shareholders of the Bank.
2. The Board of Directors was reconstituted as a body, and designated its executive and non- executive members, in accordance with Law 3016/2002, as follows:
Executive members:
-Michael Sallas of Georgios, Chairman of the Board of Directors
-Georgios Provopoulos of Athanassios, Vice-Chairman & Executive Director
-Michael Colakides of Iraklis, Vice-Chairman and Managing Director
-Theodoros Pantalakis of Nikolaos, Vice-Chairman and Managing Director
-Alexander Manos of Stephanos, Deputy Managing Director
-Christodoulos Antoniadis of George
-Stavros Lekkakos of Michael
Non-Executive Vice-Chairmen:
-Konstantinos Aggelopoulos of Panagiotis
-Ioannis Vardinoyiannis of Vardis
Members:
-Georgios Alexandridis of Parashos, Independent Non-Executive Member
-Nikolaos Zografos of Ioannis, Independent Non-Executive Member
-Fotini Karamanli of Ahilleas, Independent Non-Executive Member
-Hariklia Apalagaki of Andreas, Non-Executive Member
-Eftyhios Vassilakis of Theodoros, Non-Executive Member
-Iakovos Georganas of Georgios, Non-Executive Member
-Stylianos Gkolemis of Dimitrios, Non-Executive Member
-Vassilios Fourlis of Stylianos, Non-Executive Member