MARFIN POPULAR BANK ("MPB") would like to inform its shareholders and the investing public that it intends to sell its 6.45% stake in the share capital of MARFIN INVESTMENT GROUP after expiry of the compulsory holding period for the shares, i.e. after 16/01/2008. The sale will be undertaken via private placement, preferably to one strategic investor.
MPB's decision was taken on the basis of the company's declared strategy of focusing on banking and related operations and using all of its capital to fund its very rapid organic growth.