PIRAEUS FINANCIAL HOLDINGS S.A.

Announcement of regulated information according to Law 3556/2007

Piraeus Bank announces that on October 15th, 2008 "MILEVA S.A." acquired in the Athens Exchange 385 common shares of Piraeus Bank for the aggregate amount of euro 4.261,60. "ΜILEVA S.A." is, pursuant to the provisions of Law 3340/2005, a related legal entity with Mr Theodoros Milonas son of Pavlos, non - Executive Member of the Board of Directors of Piraeus Bank and Chairman and Managing Director of "MILEVA S.A.".