PIRAEUS FINANCIAL HOLDINGS S.A.

NOTIFICATION OF IMPORTANT CHANGES CONCERNING THE VOTING RIGHTS DERIVING FROM SHARES UNDER L.3556/2007

Pursuant to the provisions of L.3556/2007, Piraeus Bank notifies investors that on the 30th of June 2012 the percentage of voting rights attached to shares of its issuance which may be exercised by proxy holder (Mr Panagiotis Alexakis) during the Ordinary General Meeting of Piraeus Bank on 29.06.2012, descended the minimum limit. The threshold crossed by the person subject to the notification obligation is 5%.

The voting rights attached to shares prior the triggering transaction are as following: The total number of voting rights was 304,039,607 and the total percentage of the voting rights was 26.5925%.

The voting rights attached to shares following the triggering transaction are as following: The total number of voting rights is below the minimum limit  (directly and indirectly) and the total percentage of the voting rights is below the minimum limit  (directly and indirectly).

Mr Panagiotis Alexakis, as proxy holder, discontinued possessing 304,039,607 voting rights on 30.06.2012.