Piraeus Bank S.A., in its quality of Issuer of Hellenic Certificates (EL.PIS.) for the shares of the company FHL Mermeren Kombinat AD (the "Company") with registered office in Prilep, Former Yugoslavian Republic of Macedonia (FYROM), notifies EL.PIS. holders that, by resolution of the Annual General Meeting of Shareholders of the Company dated May 15, 2007, the dividend for the fiscal year 2006 amounts to EURO 0.45 (forty five cents) per share, and after tax deduction (pursuant to article 59, Law 2396/1996, as amended by the provisions of paragraph 7, article 9, Law 3522/2006) to EURO 0.3960 per EL.PIS. It is reminded that eligible to receive dividend are EL.PIS. holders of record on the closing trading session of the Athens Stock Exchange on Friday June 29, 2007. As of Monday July 2, 2007, EL.PIS. shall be traded on the ATHEX ex-dividend for the fiscal year 2006. The dividend shall be paid on July 10, 2007 by "PIRAEUS BANK S.A.", as follows: 1. Through the operators in the Dematerialised Securities System, pursuant to articles 329 of the ATHEX Regulation, and 39 of the Central Securities Depository Regulation. 2. Through the branch network of Piraeus Bank, for shareholders who have requested the exception of their operator or the Central Securities Depository (exception must be requested at least five business days prior to the dividend payment date). 3. As of Monday July 16, 2007 through the branch network of "PIRAEUS BANK S.A." for shareholders who, for various reasons, fail to be credited the dividend through the operators as above. In the above cases 2 and 3, shareholders may collect the dividend until 12-07-2012 by producing the "Certificate of Beneficiary of Bearer Shares Dividend" and their Identification Card, either in person or with a legally authorized representative. For more information, EL.PIS. holders may contact the Retail Operations Support Section (Ms. Lentziou tel 210-3288226, Ms Stakia- Eggonopoulou tel 210-3288705, Ms Semitekolou tel 2103288537, Ms Aggelopoulou tel 210-3335384, Ms Tsakiri, tel. 210-3335446)