EGNATIA BANK S.A. announces that on Wednesday, November 2 2005, the trading of its 2,557,070 common and 179,130 preferred new registered shares will begin on the ATHEX. It is noted that these shares derived from the company?s share capital increase by ?3,201,354.00, due to the conversion of 2,557,070 bonds convertible into common shares and from 179,130 bonds convertible into preferred shares, from the existing convertible bond loan of the company, issue of 21/01/2003 and with a nominal value of ?3.20 and a conversion price of ?3.20 per share, in accordance with the relevant Recurring General Meeting decisions of the common and preferred shareholders of EGNATIA BANK S.A. on 28.06.2001.

It should be noted that, the Board of Directors of the company on 7/10/2005 certified the aforesaid increase, while the Ministry of Development by its relevant decision and registration in the Official Register of Societes Anonymes approved it.

Also, the ATHEX Board of Directors, during its session held on 27/10/2005 approved the listing to trading on the ATHEX of the aforementioned 2,557,070 common and 179,130 preferred new registered shares of the company.

Moreover, by the relevant decision of the Board of Directors of the company, the start date for the trading of the new shares on the ATHEX will be 2/11/2005. Also, as of the same date these shares will have been credited in the Investors? and Shareholders? Accounts kept in the Dematerialized Securities System (DSS) of the Athens Central Securities Depository and the share capital of EGNATIA BANK S.A. will amount to 92,167,279 common and 10,701,974 preferred registered shares.