Athens, June 10 2013

PRESS RELEASE

Eurobank announces that its Chief Executive Officer, Mr. Nicholas Nanopoulos, has notified, in a letter to the Chairman of the Board, Mr. Efthymios Christodoulou, and the Board Members of the Bank, also copied to the Chairman of the Hellenic Financial Stability Fund, Mr. Christos Sclavounis, his intention not to be a candidate for the position of Chief Executive Officer of the Bank at the Annual General Meeting to be held on the 27^th of June, during which a new Board of Directors will be elected following the expiration of the term of the current Board. 

Mr. Nanopoulos will remain in his position until the election of the new Board of Directors. Mr. Nanopoulos expressed his conviction that Eurobank, thanks to its unique competitive strengths and the skills of its personnel, will be able to embark on a new successful course in the new environment being shaped for the Greek banking system.