BANK OF GREECE

Evaluation of Primary Dealers' performance in the Greek government bond
market

The ranking of the Primary Dealers on the basis of their activity in the Greek government bond market in August 2002 is as follows:

1. National Bank of Greece
2. EFG Eurobank-Ergasias
3. Alpha Bank
4. Piraeus Bank
5. UBS AG
6. Lehman Brothers International (Europe)
7. HSBC Bank plc
8. ING Bank NV
9. BNP Paribas
10. Commercial Bank of Greece
11. CSFB (Europe) Ltd
12. Goldman Sachs International Ltd
13. Deutsche Bank AG
14. San Paolo-IMI Bank
15. Salomon Brothers International Ltd
16. JP Morgan Securities Ltd
17. Morgan Stanley & Co. International Ltd
18. Merrill Lynch International

In the period January-August 2002, the Primary Dealers are ranked as follows:

1. National Bank of Greece
2. EFG Eurobank-Ergasias
3. Alpha Bank
4. Piraeus Bank
5. Commercial Bank of Greece
6. UBS AG
7. BNP Paribas
8. JP Morgan Securities Ltd
9. Salomon Brothers International Ltd
10. HSBC Bank plc
11. Merrill Lynch International
12. Lehman Brothers International (Europe)
13. Morgan Stanley & Co. International Ltd
14. San Paolo-IMI Bank
15. CSFB (Europe) Ltd
16. Deutsche Bank AG
17. ING Bank NV
18. Goldman Sachs International Ltd