Announcement – Acquisition of Own Shares 5.6.2006

In accordance with Regulation 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, 2006 and the Board of Directors’ resolution dated April 14, 2006, purchased own shares through the Athens Exchange Member EFG Eurobank Securities, as follows:

a)       On 25 May 2006 the Bank purchased 52,800 shares, with average cost price € 21.93per share and total purchase price € 1,158,124.43

b)       On 29 May 2006 the Bank purchased 33,756shares, with average cost price € 22.61per share and total purchase price € 763,198.45

c)       On 30 May 2006 the Bank purchased 34,950 shares, with average cost price € 21.99 per share and total purchase price € 768,527.04

d)       On 31 May 2006 the Bank purchased 75,064 shares, with average cost price € 22.15 per share and total purchase price € 1,662,616.54

e)       On 1 June 2006 the Bank purchased 47,639 shares, with average cost price € 22.13 per share and total purchase price € 1,054,322.02.