Emporiki Bank is announcing herewith that from 02/08/2005 until 09/08/2005 will launch a new Investment Product called EMPORIKI VALUE PLUS FTSE/ASE of Guaranteed Initial Capital with valuable returns. This product has been designed to cover the needs of of investors, a large part of which remained unsatisfied from the recent versions of these products that were immediately exhausted right after their introduction. Also, the minimum amount needed for the investment is ? 3,000 which is also the lowest in the market.

The basic characteristics of this new product that are connected with the performance of the FTSE/ASE 20 Index of the Athens Exchange are the following:

EMPORIKI VALUE PLUS FTSE/ASE, 6 month maturity (177 days).
Launch of product: 09/08/2005 - Maturity: 02/02/2006. Product Return: In case where the closing price of the FTSE/ASE-20 Index on 31/01/2006 has been increased compared to the closing price of the index on 01/08/2005- at least by 4.00%-, then the investor will receive -at maturity- the initial capital (guaranteed) and an additional gross annualized return of 4.80%. In any other case, the investor would receive-at maturity- its initial capital (guaranteed).

Further information is provided by all the branches of EMPORIKI BANK where the relevant products are sold.