Announcement – Acquisition of Own Shares 31.5.2007

In accordance withRegulation of the Committee of European Community no 2273/2003, article 4, par.4, EFG Eurobank Ergasias S.A. (“the Bank”) announces that according to Company Law 2190/1920, article 16, par. 5, and following the decision of the Annual General Meeting of the Shareholders of the Bank dated April 3, 2007 and the Board of Directors’ resolution dated April 3, 2007, purchased own shares through the Athens Exchange Member EFG Eurobank Securities, as follows:

a)      On22 May2007 the Bank purchased 21,658 shares, with average cost price € 27.17 per share and total purchase price € 588,438.64

b)      On24 May2007 the Bank purchased 23,000 shares, with average cost price € 26.94 per share and total purchase price € 619,689.92

c)      On25 May2007 the Bank purchased 10,000 shares, with average cost price € 26.48 per share and total purchase price € 264,823.04

d)      On29 May2007 the Bank purchased 20,000 shares, with average cost price € 26.90 per share and total purchase price € 538,059.52

e)      On30 May2007 the Bank purchased 9,000 shares, with average cost price € 26.30 per share and total purchase price € 236,678.08.