Piraeus Bank announces that its subsidiary "EVision ΑΕ" has signed yesterday a preliminary agreement with French company GeoPost SA regarding the sale of Evision's entire participation in "INTERATTICA Parcel Service Network AE"

Piraeus Bank announces that its subsidiary "EVision ΑΕ" has signed yesterday a preliminary agreement with French company GeoPost SA regarding the sale of Evision's entire participation in "INTERATTICA Parcel Service Network AE", amounting to 66% of the share capital, for a price of EUR 2,7 million. The transaction is expected to close in January 2006. GeoPost SA will acquire in total a 86,6% stake in INTERATTICA through share purchases from other shareholders as well, while INTERATTICA will continue to provide services to Piraeus Bank.


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