MIG HOLDINGS S.A.

Conversion price of CBL bonds into Company's shares (Correct Repetition).

"MARFIN INVESTMENT GROUP HOLDINGS SA" hereby announces that the conversion price of the bonds of the Convertible Bond Loan issued on 19.3.2010, as determined by the Board of Directors at its meeting of 13.10.2009, and in accordance with articles 3a in conjunction with article 13 of codified law 2190/1920 and 1 of law 3156/2003, and article 5 para. 2 of the Company's Articles, as amended by decision of the 1st Reiterative Ordinary General Meeting of 9.6.2009 ("CBL"), into shares of the Company amounts to €1.8876 and the conversion ratio of the bonds into shares is 2.5270184361.
It is noted again that, as decided by the Board of Directors on 13.10.2009, the above price is 10% higher than the average closing price of the Company's share at ATHEX at the 5 last sessions prior to commencement of trading of the CBL bonds (18/3-24/3/2010). Bondholders may request conversion of their bonds into Company shares after three months from the date of issue and on a three-month basis thereafter until the date of expiry of the CBL. A newer announcement will be made by the Company in this respect.
For more information, Bondholders are kindly requested to refer during business days and hours to Shareholders Services (Mrs. Maria Spanaki - Mr. Sgagias, tel nr.: 210 7710053, 210 7710383).