ANNOUNCEMENT

Updated offer for the acquisition of Emporiki Bank

Athens, 14 September 2012

Further to previous announcements by National Bank of Greece (“NBG”) and in line with the regulatory framework, NBG announces that it has submitted an updated offer for the acquisition of Emporiki Bank, following a respective invitation by Credit Agricole. This proposal, made within the context of the process to restructure the Greek banking system, is consistent with the guidelines set for this matter by the Bank of Greece and the Hellenic Financial Stability Fund.