Pursuant to the provisions of L.3556/2007, Piraeus Bank notifies investors that on the 20th of December 2011 the percentage of voting rights attached to shares of its issuance which may be exercised by proxy holder (Mr Iakovos Georganas) during the Extraordinary General Meeting of Piraeus Bank on 23.12.2011, amounted to 22.6004% of the total number of voting rights of the Bank, namely 258.396.357 voting rights. The threshold crossed by the person subject to the notification obligation is 20%.

The voting rights attached to shares prior the triggering transaction are as following: The total number of voting rights was below the minimum limit and the total percentage of the voting rights was below the minimum limit.

The voting rights attached to shares following the triggering transaction are as following: The total number of shares amounts to 2.071.706 (directly), the total number of voting rights amounts to 2.071.706 (directly) and 256.324.651 (indirectly) and the total percentage of the voting rights amounts to 0.1812% (directly) and 22.4192% (indirectly).

Mr. Iakovos Georganas will discontinue possessing 256.324.651 voting rights on 24.12.2011.

The aforesaid 256.324.651 voting rights which the obligor may exercised in his capacity as proxy during the Extraordinary General Meeting on 23.12.2011 are identical to the voting rights held by the obligor Mr. Georgios Poulopoulos, given that they can be exercised separately by either of the two obligors.