In light of recent press reports, National Bank of Greece (NBG) wishes to clarify to the public that, given its strong capital base, NBG does not intend to raise equity capital. As expected, NBG is focused on the maintenance and enhancement of such already strong capital base, especially in the current economic environment. In this respect, the Bank continuously reviews opportunities to achieve this goal and will inform the investment community accurately and in a timely fashion of any initiatives it pursues in this regard.