PIRAEUS FINANCIAL HOLDINGS S.A.

Announcement

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 notifies investors that on the 26th of January 2009 the percentage of voting rights attached to shares of its issuance which could have been exercised by proxy holder (Mr Georgios Liakopoulos) during the Extraordinary General Meeting of Piraeus Bank of 23/01/2009, descended the minimum limit. The threshold crossed by the person subject to the notification obligation is 5%.
The voting rights attached to shares prior the triggering transaction are as following: The total number of shares was 109.447, the total number of voting rights was 57.749.280 and the total percentage of the voting rights was 17,52402%.
The voting rights attached to shares following the triggering transaction are as following: The total number of shares is below the minimum limit, the total number of voting rights is below the minimum limit (directly and indirectly) and the total percentage of the voting rights is below the minimum limit (directly and indirectly).
Mr. Georgios Liakopoulos, as proxy holder, discontinued possessing 57.746.288 voting rights on 26.01.2009.