EFG Eurobank Ergasias S.A. (“Eurobank EFG”) announces that the EFG Bank European Financial Group (“EFG Bank Group”), a legal entity closely related to Mr. Pericles Paul P. Petalas, non executive member of the BoD, informed Eurobank EFG, in its 5 October 2009 notification (according to article 13, § 1 of Law 3340/2005), that on 1.10.2009 the EFG Bank Group agreed the launching of exchangeable securities of a total nominal value of €250 million, exchangeable into Eurobank EFG ordinary shares at an exchange price of €14.339 per share.

The Exchangeable Securities will be issued and settled on 29 October 2009.