NAT. BANK OF GREECE SA

press release

National Bank of Greece (“NBG”) announces that it today acquired 5% of the voting common shares of the Turkish bank Finansbank A.S. from International Finance Corporation (“IFC”), upon exercise of IFC's relevant right (put option) and in accordance with the agreement between them of 29 March 2007.

NBG paid a total consideration – as per the calculation mechanism agreed on 29/3/2007 – of USD 343,060,832.4 to acquire shares representing 5% of the share capital of Finansbank A.S.

Accordingly, the stake of NBG Group in Finansbank A.S. stands at 99.81%.