Marfin Popular Bank Public Co Ltd (the "Bank") wishes to remind that the Annual General Meeting will take place on Thursday, May 15, 2008 at 5pm at the Hilton Cyprus Hotel in Nicosia.
The Annual General Meeting will be followed by an Extraordinary General Meeting, in which a special resolution will be submitted in conformity with the Provisions of Law of 2007 on Adoption of the Euro regarding the conversion of the share capital. The Bank's proposal, following the recommendation of the Registrar of Companies, is for its share?s nominal value to be converted and decreased after rounding down from CYP0,50 to Euro 0,85. Furthermore, the Bank suggests that its nominal share capital be conv erted and decreased to Euro 807.500.000 and the issued share capital to Euro 677.187.476,65, and that the reduction on the issued share capital resulting from the above conversion of the share capital from Cyprus Pounds to Euro totalling Euro 3.426.346,11, is entered in a Special Reserve Account which will be called "Difference from the conversion of the share capital to Euro" for future capitalisation or any other lawful use. In consequence of the above, during the Extraordinary General Meeting a resolut ion shall be submitted concerning the cancellation of the relevant resolution, which had been approved at the Extraordinary General Meeting, which was held on 17 December, 2007.
The Notices to both the Annual General and the Extraordinary General Meeting have been mailed to the Shareholders, along with the Annual Report, which includes, among other information, the Bank's Consolidated Financial Statements for 2007. It should be reiterated that the Bank's Stand Alone Financial Statements were published on February 28, 2008. The Bank's Stand Alone Financial Statements, the Notices to the General Meetings, as well as the Annual Report are available at the Bank's website (www.laiki.co m).