PIRAEUS FINANCIAL HOLDINGS S.A.

Result of the 2nd selling period of Piraeus Bank S.A. corporeal registered shares

Piraeus Bank informs the investors that following the decision No 2/447/2.10.2007 of the Capital Market Committee Board of Directors, by which the relevant permit was awarded, on 23.10.2007 17.435 corporeal registered shares which had not been deposited for dematerialization were sold, as well as shares deriving from corporate actions which had been issued in dematerialized form in favour of the beneficiaries of the corporeal.
The net product of this 2nd selling period, which, following deduction of costs and taxes of any nature amounted to 471.354,53, will be deposited to the Deposit and Loans Fund. By completion of the second selling period, the selling procedure of all 165.935 shares is completed, for which a selling permit was initially awarded by decision 24/433/28.6.2007 and following by decision 2/447/2.10.2007 of the Capital Market Board of Directors.
Piraeus Bank will inform its beneficiary shareholders via letter on the total selling result (1st and 2nd period), on the amount deposited on their behalf at the Deposit and Loans Fund as well as on the procedure, including the documents required in order for them to collect the said amount.
For further information beneficiary shareholders are kindly requested to contact the Shares Registry Division of the Bank (4, Aristidou street -105 59 Athens, tel. : 210-3335211, 210-3288737, 210-3288011).