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PIRAEUS BANK S.A.

Announcement

January 15, 2007 Piraeus Bank S.A. announces that today it submitted to the Board of the Cyprus Stock Exchange - according to Regulation 9 (3) 'regarding Public Offer for acquisition or purchase of securities and merger of listed companies'- the Document of its Public Offer addressed to the shareholders of MARFIN POPULAR BANK PUBLIC CO LTD. The Public Offer Document was also notified to the Cyprus Securities and Exchange Commission and the Board of Directors of MARFIN POPULAR BANK PUBLIC CO LTD.

The Chairman of the BoD
Michalis G. Sallas



For further information, please contact: Mr. George Marinopoulos, Investor Relations Unit at Tel.: (+30) 210 333 5198 - 5027, Fax:(+30) 210 333 5079, e- mail: investor_relations@piraeusbank.gr
Distributed by Capital Link Inc. in New York at (212) 661-7566. (Mr. Nicolas Bornozis, President). This information can be also accessed at Piraeus Bank website at www.piraeusbank.gr or Capital Link's website at www.capitallink.com with historical company news.

     




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