GLOBAL NEW EUROPE FUND

Announcement of significant changes to the voting rights according to L.3556/2007

"Global New Europe Fund Portfolio Investments S.A." (the Issuer) announces, in accordance to article 14 of L.3556/2007 and following respective information received from «NBG Asset Management A.E.D.AK. on 04.06.2008 , that on 30.05.2008, the percentage on the share capital and the total number of voting rights of the Issuer held indirectly from "NBG Asset Management A.E.D.AK.", on behalf of its Mutual Funds under management, has decreased from the limit of 5% (from 5,56%, i.e. 907.785 voting rights to 4,82%, i.e. 786.947 voting rights).