PIRAEUS FINANCIAL HOLDINGS S.A.

Share liquidation result and collection of corresponding amount by eligible shareholders from the Deposits and Loans Fund

Piraeus Bank informs the investing public that, in accordance with resolution no. 89/20.2.2007 of the General Director of the Hellenic Capital Market Commission, the 52,079 shares were liquidated on 12 March 2007. The said shares were undisposed fractional balances resulting from the share capital increase of Piraeus Bank S.A. which involved allocation of bonus shares. The net result of the liquidation, after deduction of any expenses and tax, amounted to Euro 1,298,850.26 and shall be deposited by the Company to the Deposits and Loans Fund.
In order to collect the corresponding amount, eligible shareholders are kindly requested to contact the Share Register Department of Piraeus Bank (tel.: 210-3288737, 210-3335211, 210-3288011, 4 Aristidou str., Athens 105 59, 4th floor) as of Monday 26 March 2997) in order to receive a certificate indicating the amount to be collected. Such amount may be collected by the Deposits and Loans Fund upon presentation of the said certificate and their identification card. Eligible shareholders who reside outside Athens must designate in writing to the Company''s Share Register Department the Public Fund from where they may collect the corresponding amount, so that such amount can be deposited by the Deposits and Loans Fund.