Further to an article in today's issue of "Imerisia" newspaper, with reference to Piraeus Bank launching a bid on the Serbian state bank Panonska Banka, together with other Greek and foreign banks, and further to recent articles of the same newspaper, as well as "Xrimatistirio" newspaper, in relation to the acquisition of a bank in Romania and Serbia, Piraeus Bank announces the following: Piraeus Bank has repeatedly announced to the investing public its strategy of expanding its banking operations in Southeastern Europe, which will be implemented through expansion of its branch network and appropriate acquisitions. In this context, Piraeus Bank often evaluates financial data of banks in this region. However, at this moment there is no agreement or negotiation for the acquisition of a bank in Romania or Serbia, according to the aforesaid articles. If and when such case or acquisition agreement arises, the Bank will make a relevant announcement to the investing public and to the stock market authorities.