PIRAEUS FINANCIAL HOLDINGS S.A.

Change in the composition of BoD

Piraeus Bank SA announces that its Board of Directors, at its meeting held on September 19, 2007 was reestablished, designating its executive and non - executive members, as follows:
Executive members
- Michael Sallas, Chairman of the Board of Directors
- Theodoros Pantalakis, Vice-Chairman and Managing Director
- Georgios Provopoulos, Vice-Chairman & Managing Director
- Alexander Manos, Deputy Managing Director
- Christodoulos Antoniadis, Executive Director
- Stavros Lekkakos, Executive Director
Non-Executive Vice-Chairmen
- Konstantinos Aggelopoulos
- Ioannis Vardinoyiannis
Non-Executive Members
- Georgios Alexandridis, Independent Non-Executive Member
- Nikolaos Zografos, Independent Non-Executive Member
- Fotini Karamanli, Independent Non-Executive Member
- Hariklia Apalagaki
- Eftyhios Vassilakis
- Iakovos Georganas
- Stylianos Gkolemis
- Vassilios Fourlis