NATIONAL BANK OF GREECE

Announcement

 Reduction in share capital by reducing the nominal value of the share

National Bank of Greece SA informs investors that the 2nd Repeat General Meeting of Shareholders of the Bank held on Friday 23 November 2012 decided on the reduction of the Bank's share capital by €3,824,361,928. This reduction was to be effected by a respective reduction in the nominal value of ordinary voting shares of the Bank, from €5.00 to €1.00, pursuant to article 4.4a of the Companies Act (Codified Law 2190/1920), as amended by virtue of article 32 of Law 3763/2009 as in force, with a view to forming a special reserve.

Pursuant to the said reduction, the Bank's share capital amounts to €2,313,590,482 and is divided into a) 956,090,482 ordinary shares of a nominal value of €1.00 each, b) 25,000,000 redeemable registered preference shares, without voting rights and without a cumulative dividend, of a nominal value of €0.30 each, and c) 270,000,000 redeemable registered preference shares under Law 3723/2008 of a nominal value of €5.00 each.

On 14 February 2013, Decision Κ5-576 of the Ministry of Development, Competitiveness, Infrastructure, Transport and Networks approving amendment to the relevant article of the Bank's Articles of Association was filed in the Public Companies Register.

The Athens Exchange was notified on 15/2/2013 of the reduction in the nominal value of the Bank's ordinary voting shares.

Pursuant to the above, as of 21/2/2013 the ordinary voting shares of the Bank will be traded on the Athens Exchange at their new nominal value of €1.00 per share. 

Athens, 18 February 2013