The Board of Directors of Piraeus Bank informs the investors that the 2nd Iterative Ordinary General Meeting of shareholders, held on the 07/05/2008, resolved, among other issues, to decrease the share capital of the Bank by 49,643,951.49 euros, by decreasing the total number of shares from 339,198,587 to 328,791,050 ordinary registered shares, due to cancellation of 10,407,537 own shares, in order to meet the relevant obligation stipulated in the Prospectus for the Bank's share capital increase dated 06.07.2007.
After the aforementioned decrease, the Bank's share capital amounts to 1,568,333,308.50 euros, divided into 328,791,050 ordinary registered shares, of share nominal value 4.77 euros each.
Following the approval of the Bank of Greece, the amendment of the relative articles (5 and 27) of the Bank's Articles of Association has been approved on 19/5/2008, following the registration of resolution No Κ2-5868/19.05.08 of the Minister of Development in the Registry of Societes Anonymes. The Board of Directors of the Athens Stock Exchange at its Meeting of 22/5/2008 has been informed of the share capital decrease in question due to cancellation of the Bank shares.
Following all the above, upon resolution of the Bank's Board of Directors of 14/05/2008, it is determined that as of 28/5/2008, 10,407,537 shares will be no longer listed in the Athens Stock Exchange and are therefore cancelled.
For further information please contact Shareholders' Division (tel. +30 210 3335039, Mrs Evgenia Rizeakou).