HELLENIC EXCHANGES - ATHENS STOCK EXCHANGE S.A.

Comment on press reports

January 2008 - In response to press reports concerning the possible acquisition of Hellenic Exchanges S.A. by NYSE-Euronext, the Company announces that HELEX management has not received any proposal for a possible acquisition.
As part of the regulatory changes that are taking place in Europe, HELEX is in discussions with all large European and U.S. Exchanges, exploring possible cooperation opportunities that would further develop the Greek market. However, at this stage, there is no proposal, either from NYSE-Euronext, or from any other exchange. If there is a specific proposal, it will be evaluated by HELEX and a decision will be made, taking into consideration the interest of shareholders and the Greek market in general.