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Notice of increase in the share capital of the Bank of Greece and allotment of bonus shares

27/06/2008 - Announcements

The Bank of Greece, further to earlier notices regarding the increase in its share capital, announces the following:

By its Act No. 8/10 June 2008, published in the Government Gazette on 11 June 2008 (No. 107, Issue A), the Cabinet approved an increase in the share capital of the Bank of Greece, by an amount of €22,248,671.20, reflecting partial capitalisation of the special reserve arising from real estate revaluation gains. The share capital increase had been decided by the Bank’s General Council at its meeting No. 4/17 March 2008 in accordance with Article 9 of its Statute, which has the status of law.

The increase will be covered by the issuance of 3,972,977 new bonus shares with a par value of €5.60 each, which will be allotted to current shareholders in a proportion of one (1) new share for every four (4) existing shares.

The share capital of the Bank of Greece will thus rise to €111,243,361.60, consisting of 19,864,886 shares with a par value of €5.60 each.

The Board of Directors of the Athens Exchange at its meeting of 26 June 2008 approved the listing of the new bonus shares on the Athens Exchange.

Entitled to new bonus shares are existing shareholders as at the closing of the Athens Exchange on 1 July 2008.

As from the following business day, 2 July 2008 (fourth business day following the date of approval of the listing of the new bonus shares by the Athens Exchange), the shares of the Bank of Greece will be tradable on the Athens Exchange without implying any entitlement to the above mentioned share capital increase. Also as from that same date, the starting price for the trading of the shares of the Bank of Greece on the Athens Exchange will be determined in accordance with the Rulebook of the Athens Exchange.

The trading of the 3,972,977 new bonus shares on the Athens Exchange will begin on 9 July 2008 (the fifth business day following the cut-off date). As from that same day the new bonus shares will be credited in the DSS (Dematerialised Securities System) accounts of shareholders entitled thereto.

It is pointed out that the Bank of Greece is not required to draw up the document provided for in Article 4, paragraph 2 (e) of Law 3401/2005.

For any information or clarification, you may contact the Bank of Greece, Administration Department, Shares Service, 21 El. Venizelou Street, 102 50 Athens, Tel: 210-3202051, 210-3202064, 210-3203288.

Fax: 210-3202844

Email: serv.shares@bankofgreece.gr

Administration Department Athens,

27 June 2008

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