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 notifies investors that on the 23th of April 2009 the percentage of voting rights attached to shares of its issuance which may be exercised by proxy holder (Mr Georgios Liakopoulos) during the Ordinary General Meeting of Piraeus Bank of 30/04/2009, amounted to 8,1367% of the total number of voting rights of the Bank, namely 26.813.979 voting rights. 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 voting rights was below the minimum limit and the total percentage of the voting rights was below the minimum limit.
The voting rights attached to shares following the triggering transaction are as following: The total number of shares amounts to 109.447(directly), the total number of voting rights amounts to 109.447 (directly) and 26.704.532 (indirectly) and the total percentage of the voting rights amounts to 0,03321% (directly) and 8,10349% (indirectly).
Mr. Georgios Liakopoulos will discontinue possessing 26.704.532 voting rights on 01.05.2009.
The aforesaid 26.704.532 voting rights which the obligor may exercise in his capacity as proxy during the Ordinary General Meeting of 30/04/2009, are identical to the voting rights held by the obligor Mrs Kyriaki Fragalexi, given that they can be exercised separately by either of the two obligors.