NATIONAL BANK OF GREECE

Announcement

Further to a question from the Hellenic Capital Market Commission regarding reports in today's online press, National Bank of Greece informs investors that in the context of the requirement to recapitalize Greek systemic banks, it is considering alternative options.

FAIRFAX HOLDINGS, among others, has expressed interest in participating in the recapitalization of the enlarged NBG Group.

Athens, 13 March 2013