National Bank of Greece announces that by virtue of decision K2-14079 of the Ministry of Development the financial statements of the Bank as at 30 June 2008, on the basis of which the Board of Directors, in line with article 46 of the Companies Act and previous Board decisions, approved payment, as per the prospectus, of euro 33,250,000 (i.e. US$42,187,500) to the owners of redeemable preferred non-voting shares of the Bank (article 17b of the Companies Act), were filed with the Companies Register.
The payment will be made in two installments at least twenty days after completion of the publications and formalities required by law (article 46 of the Companies Act, as amended). The said preferred shares were issued after the second repeat General Meeting of shareholders decision of 15 May 2008, as per the provisions of the Bank's Articles of Association and relevant approvals of the regulatory authorities.