PIRAEUS FINANCIAL HOLDINGS S.A.

LAPSE OF UNCLAIMED 2005 FISCAL YEAR DIVIDEND RIGHTS

Piraeus Bank announces that the five-year deadline for collecting fiscal year 2005 dividends expires on 31/12/2011. Subsequent to that date any outstanding rights for payment of 2005 fiscal year dividends shall be cancelled and the unclaimed dividends shall be escheated to the Greek State.

Shareholders who are entitled but have not received 2005 fiscal year dividends from Piraeus Bank S.A. or from Piraeus Leasing S.A. may contact the Shareholder Relations Department of Piraeus Bank for information regarding their collection (tel. + 30 210 328 8737 or + 30 210 333 5211).