Piraeus Bank announces that its Ordinary General Meeting of Shareholders (on 30.04.2009) decided the distribution of dividend to the shareholders in the form of Bank shares, namely the distribution of one new common voting share with nominal value of 4,77 euro each for every 47 old shares. This distribution corresponds to a net dividend value of euro 0,10 per share with a right to dividend. Consequently, the General Meeting approved the increase of the Bank's share capital by the amount of euro 32,097,287.07, with capitalization of the net amount of the distributable dividend and with the issuance of 6,728,991 new shares, that will be distributed, on basis of the participation in the share capital, proportionally to the shareholders listed in the SAT records on the dividend beneficiaries' date (such date will coincide with the new share beneficiaries' date).