Confirmation of press article

In response to the letter received from the Athens Exchange, with regard to articles of the financial press on 27.02.2007, EFG Eurobank Ergasias S.A. confirms that the approval has been granted by the Banking Regulation and Supervision Agency in Turkey for the acquisition of 70% of Tekfenbank. This approval is one of the requirements for the closing of the transaction, which is expected within the first quarter of 2007.