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AGRICULTURAL BANK OF GREECE S.A.
Announcement

May 16, 2008 In regards to the latest electronic press reports which refer to the sale of ATEbank's equity participation in OTE S.A., the bank announces the following: At 15.5.2008, ATEbank owned 4.291.209 shares of OTE S.A. share capital. The above-mentioned participation has not been sold or agreed to be sold to Deutsche Telecom S.A. or to any other organization. Consequently the press reports regarding ATEbank are completely inaccurate.



     




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