PIRAEUS FINANCIAL HOLDINGS S.A.

Notification of important changes concerning the voting rights deriving from shares under L.3556/2007.

Pursuant to the provisions of L.3556/2007, Piraeus Bank, as obligor, informs investors that on the 11th of March 2009 the percentage of voting rights attached to shares of its issuance, descended the limit 5%.
The voting rights attached to shares prior the triggering transaction are as following: the total number of voting rights was 17.004.695 and the total percentage of the voting rights was 5,0348%.
The voting rights attached to shares following the triggering transaction are as following: the total number of voting rights is below the limit 5% (indirectly) and the total percentage of the voting rights is below the limit 5% (indirectly).
The notification is in respect of the decrease of voting rights attached to shares of Piraeus Bank due to release of pledge on said shares.