PIRAEUS FINANCIAL HOLDINGS S.A.

Announcement of regulated information according to Law 3556/2007

Piraeus Bank announces that on February 10th, 2011 Mr Stylianos Golemis father's name Dimitrios, Non - Executive Member of the Board of Directors of Piraeus Bank, sold in the Athens Exchange 300.000 Piraeus Bank common shares for the aggregate amount of Euro 480.000,00.