MIG HOLDINGS S.A.

Announcement

Following the announcement made on June 14, 2007, "MARFIN INVESTMENT GROUP HOLDINGS S.A." (MIG) announces that, on September 28, 2007, following the required approvals given by the relevant supervisory authorities of Cyprus and Estonia, MIG completed the sale and transfer of 50.12% of the share capital of the Estonian bank "AS SBM PANK" to "MARFIN POPULAR BANK PUBLIC CO LTD".