Corporate Announcements

Announcement (9/02/10)

T.T. HELLENIC POSTBANK S.A., in the course of providing accurate and reliable information to the investors, its shareholders and every interested party, announces that the Board of Directors, during its 159/February 9th, 2010 session has decided to participate in ASPIS Bank's prospective share capital increase, under the following conditions:



a) The acquisition of a 30-32.9% stake of the shares not taken up, following the implementation of the increase in share capital and voting rights of Aspis Bank S.A..



b) The non-exercise of the pre-emption rights or the pre-subscription option by the major shareholders of Aspis Bank S.A. either natural or legal entities.



c) The determination by the Board of Directors of ASPIS Bank of the terms and conditions relating to the capital increase and the shares' issue price especially.



d) The receipt of all necessary authorizations by the relying authorities.




The Board of Directors estimates that the afore mentioned participation of TT Hellenic Postbank S.A. in ASPIS Bank's share capital, under the decided conditions mentioned above, is able to substantially contribute and accelerate the business plans materialization of the Bank and its Group.



The Bank with a latter announcement will promptly inform the investment public and its shareholders (in accordance with the provisions of article 2, para. 4 of the Resolution 3/347/12.07.2005 of the Hellenic Capital Market Commission and article 21 of Law 3556/2007) of every relevant developments.



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