EGNATIA BANK announces that on Tuesday 3nd January 2006, 3.230 common and 500 preferred registered shares will begin trading on the Athens Stock Exchange. These new shares result from the increase in the Bank's share capital in the amount of euro 4,364.10 through the conversion of 3.230 convertible bonds into common shares and 500 convertible bonds into preferred shares from the existing Convertible Bond issued on 21/01/2003, with a nominal value of euro 3.20 and a per share conversion rate of euro 3.20, in accordance with the decisions taken at the successive General Meetings of EGNATIA BANK's common and preferred shareholders on 28/06/2001.

The above increase, which does not alter the Bank's statutes, was certified by the Bank's Board of Directors on 06/12/2005, was approved by the Ministry of Development and was registered at the S.A. registry under decision number K2-16053/21.12.2005. The Board of Directors of the Athens Stock Exchange during its meeting on Wednesday 28th December 2005 approved the introduction of the above 3.230 common and 500 preferred registered shares of the Company. The Company's Board of Directors decided that the new shares will begin trading on the Athens Stock Exchange on the 3nd January 2006. On the same date the above shares will be added to each beneficiaries securities account with the Custodian and EGNATIA BANK's share capital will reach 92.170.669 common and 10.702.474 preferred registered shares.