PIRAEUS FINANCIAL HOLDINGS S.A.

Announcement according to Law 3556/2007

In accordance with the provisions of Law 3556/2007, Decision 1/434/03.07.2007 and Circular nr 33 of the Hellenic Capital Market Commission, Piraeus Bank announces that on April 7, 2008 Mr Vassilios Fourlis son of Stylianos, Non-Executive Member of the Board of Directors, sold in the Athens Exchange 14.906 Piraeus Bank common shares for the aggregate amount of Euro 301.697,44.