Upon completion of the merger through absorption of "MARFIN BANK S.A." and "POPULAR BANK (HELLAS) S.A." by "MARFIN EGNATIA BANK S.A." (the "Bank") and the abolition of privileges and the conversion of all shares of the Bank without voting rights into common shares with voting rights of equal number, as resolved by the Extra-Ordinary General Meeting of holders of common shares, the Special General Meeting of holders of privileged shares and the Special Meeting of Bond Holders, which were held on 21.6.2007, and also upon decision of the Bank's Board of Directors adopted on 26.7.2007, the Bank hereby announces, pursuant to article 16 para. 2 of law 3556/2007, that the Bond Loan issued by the Bank by virtue of the decisions of the 1st Re-Iterative Ordinary General Meeting of holders of common shares held upon deferment on 28.6.2001, the 1st Re-Iterative Special Meeting of holders of privileged shares held on 28.6.2001 and pursuant to the decisions of the Board of Directors adopted on 3.10.2002 and 19.11.2002, will consist of a series of registered bonds convertible into common registered shares of the Bank, at the rate of 10 bonds convertible into 10 common registered shares of the Bank, of a par value of 1.27 euros each. The new convertible bonds which derived from the abolition of the series of bonds convertible into privileged shares were credited to the respective securities accounts of the Shareholders at the Incorporeal Securities System and their trading at the Athens Stock Exchange commenced on 5.9.2007.