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.