Sale of Fractional Shares

National Bank of Greece SA hereby informs its Shareholders that, on Friday, 14 February 2014, the sale of 79,135 common registered shares deriving from outstanding fractional shares of NBG will take place.

The said fractional shares arose from the reverse split process, decided by the 2nd Repeat General Meeting held on 29 April 2013 and approved by decision K2-3377/21.05.2013 of the Hellenic Ministry of Development and Competitiveness.

Through the above process, 1,226,601,200 old common registered shares of the Bank were reduced to 122,660,120 new common registered shares by means of a reverse split at a rate of ten (10) old common shares to one (1) new common share.

The sale will be performed by NBG Securities SA, a brokerage company listed on the ATHEX.

The opening price may not diverge by more than 3% from the price of the share as at the close of trading on the ATHEX immediately prior to the date scheduled for the sale (i.e. as at 13 February 2014).

In a forthcoming announcement, NBG will inform investors on the outcome of the sale and on the procedure by which shareholders can collect the proceeds attributable to them.

The net proceeds of the sale will be distributed to beneficiaries by the issuer.

For further information, investors can contact the Bank's Shareholders' Services (ground floor, 93 Eolou St., 102 32 Athens - tel. +30 2103343415, 2103343419, 2103343421, 2103343436 & 2103343412).

Athens, 7 February 2014