GRIVALIA PROPERTIES R.E.I.C.

Announcement

Following Eurobank Properties REIC's ("the Company") announcement dated May 8, 2008, relating to amendments on the presentation of the financial data and information for the three-month period ended March 31, 2008, as published at April 30, 2008, we inform you that these amendments are analysed as follows:
The Company further analysed account "Property, plant and equipment" (with balance as at 31.03.2008 and 31.12.2007 of euro 3,478 thousand and euro 3,487 thousand, respectively). Following the amendment, the accounts which replace the aforementioned one are: "Owner occupied property, plant and equipment" (with balance as at 31.03.2008 and 31.12.2007 of euro 460 thousand and euro 469 thousand, respectively) and "Properties under construction" (with balance of euro 3,018 thousand as at 31.03.2008 and 31.12.2007).
Moreover, in note number 9 of the published financial data and information for the three-month period ended March 31, 2008, the accounts "Sales of goods and services" and "Purchased of goods and services" were renamed as "Revenues" and "Expenses", respectively.
Finally, we note that the Company has not accounted for any provisions.
The abovementioned amendment, which are solely related to the presentation of the financial data and information, have not affected the income statement or retained earnings of the Company and the Group, as well as the condensed consolidated and company interim financial statements for the three-month period ended March 31, 2008.
The amended financial data and information are available at the Company's website (www.eurobankproperties.gr) and at the website of the Athens Stock Exchange (www.ase.gr).
The Company has not re-published the amended financial data and information for the three-month period ended March 31, 2008