23 March 2015

PRESS RELEASE

Atitsmeetingtoday, theBoardof Directors of the NationalBankofGreeceelectedMs. LoukaKatseliand Mr. Leonidas Frangiadakis to the Board, in replacement of Messrs. George Zanias and Alexandros Tourkolias, who resigned. Mr. StefanosVavalidis, independent non-executive director, also submitted his resignation.

Aftertheelectionofthenewdirectors, theBoardofNBGreconstituteditself, electingMs. LoukaKatseli to the position of non-executive Chairman of the Board, and Mr. Leonidas Frangiadakis to the position of Chief Executive Officer of the Bank.

Completion of the review process - by the Single Supervisory Mechanism of the EuropeanCentralBank-of the new members is anticipated shortly, in line with the legislative and regulatory framework.

The Board of NBG expressed its thanks to the outgoing Chairman, Mr. G.Zanias, and the outgoing CEO, Mr. Alexandros Tourkolias, for their valuable contribution to National Bank of Greece and its Group, and wished the new management every success in the work it undertakes.