The Board of Directors of Eurobank Properties REIC, at its yesterday's meeting, decided to appoint Mr. Nikolaos Bertsos as a member of the BoD, in the place of Mr Charalambos Kyrkos, for the remaining term.

Following the aforementioned appointment, the Company's Board of Directors was convened into a body as follows:

Nikolaos Bertsos, Chairman, non executive member

George Papageorgiou, Vice Chairman, non executive

Nikolaos Galetas, executive member

Aristotelis Karytinos, executive member

George Chryssikos, executive member

Spyridon Makridakis, independent non executive member

Dimitrios Serbetis, independent non executive member

Mrs Bertsos was born in Athens in 1951. He studied at the Economics Department of the University of Athens and continued with postgraduate studies at the University of Essex, United Kingdom. He has held the position of First Vice Chairman of the Hellenic Capital Markets Commission, Vice Governor of the National Mortgage Bank of Greece, Chaorman of Diethniki AEDAK (Mutual Funds Company), Managing Director of the National Company of Portfolio Investments (ETHNEX S.A.), as well as Chairman of the Association of Greek Institutional Investors. He had also been a member of a number of board of directors of companies in the private and public sector.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States and the District of Columbia). This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.