ΑΓΡΟΤΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ Α.Ε.

ANNOUNCEMENT

ATEbank denies a press report by "Naftemporiki" newspaper (23/10/2008) regarding an agreement, a price or any other relevant issue between ATEbank and GROUPAMA for the sale of shares of ATE Insurance SA. The negotiation process continues without prejudgement of any final outcome.