Piraeus Bank S.A. announces that its 2nd Iterative Extraordinary General Meeting of Shareholders was held on 14.03.2007 at 10:00 a.m. The meeting was attended in person or proxy by 1.294 shareholders representing 42.793.795 shares out of a total of 270.195.031 shares, namely 15,84%. Due to lack of the quorum required by the Bank''s Articles of Association and Law 2190/1920, the Meeting did not discuss nor decide on the first item of the Agenda (Share capital increase by contribution of at least 308.872.139 and a maximum of 772.180.348 shares of "Marfin Popular Bank Public Co Ltd" and abolition of the preemptive right of current shareholders of Piraeus Bank S.A., in favour of the shareholders of the above mentioned company, who will accept the public offer made by Piraeus Bank S.A for the acquisition of a percentage of at least 40% and a maximum of 100% of its share capital).
The discussion and resolution on the second (Amendment of article 5 of the Articles of Association on the share capital) item of the Agenda was also cancelled, since this resolution directly depend on the resolution on the first item of the Agenda.
With regard to the third item of the Agenda (Granting of relative authorizations to the Board of Directors of the Bank), the General Meeting authorised the Board of Directors to act as it deems appropriate in order to conclude the Public Offer process.