PIRAEUS FINANCIAL HOLDINGS S.A.

Announcement of regulated information according to Law 3556/2007

Piraeus Bank announces that on January 24th, 2011 Mr Iakovos Georganas father's name Georgios, Non - Executive Member of the Board of Directors of Piraeus Bank, sold in the Athens Exchange 200.000 Piraeus Bank common shares for the aggregate amount of Euro 330.348,95.