Announcement Regarding the Issue Price of the New Shares from the Reinvestment of the Interim Dividend for the Financial Year 2007

Regarding the offer price of the new shares issued in respect of the reinvestment of the interim dividend for the year 2007 with a corresponding share capital increase, EFG Eurobank Ergasias S.A. announces the following:
  1. the shareholders of the Bank resolved at the Extraordinary General Meeting on November 21st, 2007 that the new shares described above will be issued at a 3% discount to the average closing share price of the first four working days that the shares trade ex-dividend, as already announced.
  2. given the above mentioned method of calculation and the share price on 30.11.07, 3.12.07, 4.12.07 and 5.12.07 the offer price of the new shares amounts to € 22.90.
Athens, December 5, 2007
EFG Eurobank Ergasias S.A.