TT HELLENIC POSTBANK S.A. , in accordance with the provisions of article 10 of law 3340/2005, in conjunction with articles 1 and 4 of the Resolution 3/347/12.07.2005 of the Hellenic Capital Market Commission announces that:

a) in the context of relevant BoD decisions of HELLENIC POSTBANK and Hellenic Post S.A., the two parties, in expanding their activities in the insurance market, shall proceed with the joint establishment of a subsidiary Insurance Brokerage company, with the scope of promoting, through their extensive networks, of branded Βankassurance and traditional insurance products, in cooperation with the major insurance companies in the market. This move reflects the intention of the Management of the two companies to broaden the context of their successful cooperation, while in parallel servicing, in the most effective manner, the interests of their consumers, as well as creating value for their shareholders.

b) within the implementation of a relevant agreement between the two parties, the Bank proceeded in all necessary actions concerning its participation in the share capital increase of the company "BESTLINE CARDS S.A.", for acquiring 9,680,000 new common nominal shares, at an offer price of 1.9525 Euro per share (total payment amounts to 18,900,200 Euro).

Following the consummation of the share capital increase, the Bank's percentage participation in the share capital of the said company will rise to fifty percent (50%), setting the basis for the strengthening of the Bank's activities in the area of issuing and management of debit and credit cards, as well as its further penetration in this area, aiming at the assertion of a larger market share.