Piraeus Port Authority S.A. announces that, according to article 279 of the Athens Exchange (ASE) Regulation, and following the decision of the Annual General Meeting of shareholders on 23 June 2006, the dividend for the corporate use 2005 amounts to Euro 0.15 per share. Dividends are entitled to the Company's shareholders as at the end of the Athens Exchange session of 10 August 2006. Ex-dividend date is Friday, 11 August 2006. As from that date, the company's shares will be traded at the ASE without a dividend right. The dividend shall be paid on 22 August 2006 by EFG EUROBANK Ergasias bank S.A., as follows: 1. Through the Dematerialised Securities System operators according to article 329 of ASE Regulation and the article 39 of the Central Security Depository regulation. 2. Through the branches of EFG EUROBANK Ergasias S.A., for those shareholders who have requested an exemption from their DSS operator. 3. For those shareholders, who, for any reason, cannot be credited through their operators, dividend payment can be received in person or through their legal representatives from EFG EUROBANK Ergasias throughout its branch network upon presenting their identity card or a dully authenticated authorization in case of a proxy and the printout of their DSS investment code number. The DSS operators are kindly requested to contact with EFG EUROBANK ERGASIAS, 5 Santaroza st., 105 64 Athens (Mr. Dionisis Galanopoulos, tel. 2103357182). Dividends not collected within five years are written off in favor of the Greek State. For additional information, shareholders may contact the company's Investor Relations Department, (tel. 2104550226-7, 10 Akti Miaouli st., Piraeus 185 38).