Greek Postal Savings Bank S.A. pursuant to article 10 of law 3340/2005 and within the framework of implementing a share offering Plan (Stock Option Plan) informs the investing public on the following:

The Board of Directors of the Bank, according to Article 13 of Law 2190/1920, regarding Societιs Anonymes, on 20th December, 2007 resolved upon a share capital increase of the Bank of 5.054.984, 40 Euro, through the issuance of 1.366.212 new common, registered, voting shares of nominal value 3,70€ each and offering price of 3,70 Euro per share, due to the exercise of Stock Options Rights by the Beneficiaries, during the exercise period, between December 10th 2007 and December 15th 2007. On 21st December, 2007, the BoD has certified the full payment of the above share capital increase.

As a result, the share capital of the Bank will amount to 526.262.033,40 Euro divided into 142.232.982 common, registered, voting shares of nominal value 3,70 Euro each.

The Bank will proceed in all necessary actions, according to the underlying legislation, so that the shares corresponding to exercised Stock Rights commence trading on the Athens Exchange and will also proceed in all announcements required by Law to the qualified Regulatory Authorities.