ATEbank, in responding to a query by the Hellenic Capital Market Commission related to press reports, states the following:

 ATEbank's management, taking into account the impact of the Group's participation – as it is the case for the other Greek banks - in the voluntary Greek Government Bonds exchange program (PSI+), is considering, in cooperation with its main shareholder, the Greek State, different alternative scenarios to cover its capital needs (e.g. capital increase, mergers, assets management).

 Until today, no final decision has been taken, and by extension there is nothing specific to be announced at the moment.

 ATEbank will proceed with further announcements to the investment public, after the way to cover the capital needs of the Bank is finalized in cooperation with the Greek State and the coordinator of the recapitalization programs of the Greek Banks, the Bank of Greece.