NAT. BANK OF GREECE SA

Clarifications regarding the participation of Bank of New York Mellon in the share capital of NBG.

Further to recent publications, National Bank of Greece (NBG) wishes to inform investors of the following:
Bank of New York Mellon (ΒοΝΥ) is the custodian of NBG's ADRs traded on the NYSE. BoNY's participation in NBG's share capital is indirect and corresponds to ADRs owned by hundreds of institutional and retail investors, at a ratio of 5 ADRs to 1 ordinary share.
Accordingly, the announced increase in the indirect participation of ΒοΝΥ in the share capital of NBG from 4.12% to 5.25% in fact amounts to an increase in the shareholdings of investors who take positions in NBG's stock via ADRs, which are traded on the New York Stock Exchange.