BANK OF GREECE

Evaluation of Primary Dealers' performance in the Greek government bond market, January-June 2005

The ranking of the Primary Dealers on the basis of their activity in the Greek government bond market in the period January-June 2005 is as follows:

1. National Bank of Greece
2. EFG Eurobank-Ergasias
3. CSFB (Europe) Ltd
4. Piraeus Bank
5. Goldman Sachs International Ltd
6. Lehman Brothers International (Europe)
7. JP Morgan Securities Ltd
8. Citigroup Global Markets Ltd
9. Deutsche Bank AG
10. Emporiki Bank
11. BNP Paribas
12. Morgan Stanley & Co. International Ltd
13. HSBC Bank plc
14. Alpha Bank
15. ING Bank NV
16. Merrill Lynch International
17. San Paolo-IMI Bank
18. ABN Amro
19. Sociιtι Gιnιrale
20. Nomura International Plc
21. UniCredit Banca Mobiliare S.p.A.