Following the Capital Markets Commission letter dated July 13, 2007, which we received, stimulated by a publication of the daily electronic press, referring to the final decision of the Postal Savings Bank (PSB) to sell 19% of the common shares, held by the latter in the outstanding share capital of the Bank of Attica S.A., the Management informs the investment public and every other interested party, that publications of this kind constitute journalistic estimations or even conclusions resulting from exploitation of information from various sources, which as common policy, it abstains from commenting.

Additionally, the Management as well as the executives never proceeds with the separate or selective briefing of any institution, investor, or other interested party, except solely through the official, publicized on every occasion, announcements.

In relation to the issue in question and in order to avoid any false impression, the Management informs the investment public and every other interested party, that as it has repeatedly been communicated through the official announcements addressed to investors, the participation of the PSB in the Bank of Attica S.A.'s share capital does not constitute participation of strategic importance, and hence the future sale of its participation is within the latter's intentions. The time horizon of materialization of this intention, and the process to be followed, have not been determined so far, since such a decision is subject to a range of factors, as well as subject to market conditions.

Consequently, the publication in question may possibly comprise an interesting analysis of the development prospects of this issue, but it does not by any means reflect any definite and final resolutions on a Management level, for which the investment public shall be informed according to the existing legislation, when and if they emerge.