EUROBANK ERGASIAS SERVICES AND HOLDINGS S.A.

Response to HCMC Letter

Following a query received from the Capital Market Commission dated September 21, 2006, Eurobank EFG confirms it has submitted a binding offer for the acquisition of DZI Bank of Bulgaria. The Bank will make a formal announcement if a final agreement is signed.
It is noted that the abovementioned acquisition is not expected to influence the share price, as its size is not material to Eurobank EFG.