NATIONAL BANK OF GREECE

PRESS RELEASE

                                                                                                         Athens,27 June 2012

Resignation of the Chairman of the Board, Vassilios Rapanos

            After the close of today's Board meeting Mr. Vassilios Rapanos submitted his resignation as Chairman of the Board of Directors of National Bank ofGreece.

            The letter of resignation of Vassilios Rapanos is reproduced below:

“To the Board of Directors of National Bank ofGreece

Dear Members of the Board,

After two-and-a-half years as Chairman of the Board of National Bank ofGreece, I have decided to resign. As you are already aware, it was for health reasons that I was unable to accept the invitation by the Prime Minister—extended to me with the consent of the leaders of the other parties supporting the government—to head the Finance Ministry. It is for the same reason that I submit today my resignation to the Board of National Bank ofGreece.

I want to thank you for the excellent cooperation we forged throughout the time we worked together and wish you good health, strength and every success in your personal and professional life. You will always have a special place in my memories.

Yours most sincerely,

Vassilios Rapanos”