PIRAEUS FINANCIAL HOLDINGS S.A.

Notification of important changes concerning the voting rights deriving from shares under L.3556/2007

Pursuant to the provisions of L. 3556/2007, with respect to the voting rights attached to shares, Piraeus Bank S.A. hereby informs investors on the following: -The identity of the issuer of shares carrying voting rights is Piraeus Bank S.A. -The reason for this notification is the acquisition of voting rights. -Piraeus Bank S.A. is under the obligation to make this notification. -The transaction date on which a change in the breakdown of the voting rights is the 10th of October 2007. -The threshold crossed by the person subject to the notification obligation is 5%. Notified details: - The ISIN CODE is GRS014013007 - The voting rights attached to shares prior the triggering transaction are below the minimum limit. - The voting rights attached to shares following the triggering transaction are as following: Α. The total number of voting rights amounts to 17.014.590 (indirectly). Β. The total percentage of the voting rights amounts to 5,038% (indirectly). This notification is in respect of voting rights attached to shares of Piraeus Bank S.A. which have been pledged in favour of Piraeus Bank S.A.