EMPORIKI BANK OF GREECE S.A.
REASONED OPINION OF THE BOARD OF DIRECTORS OF EMPORIKI BANK OF GREECE S.A. ON THE VOLUNTARY PUBLIC OFFER OF CREDIT AGRICOLE S.A.
Please find attached:
1. Document dated 7/7/2011 containing justified opinion of the BoD of Emporiki Bank, concerning the voluntary tender offer by "Credit Agricole S.A." for the acquisition of the total number of the shares of "Emporiki Bank of Greece S.A." not owned by "Credit Agricole S.A." and "Sacam International SAS" and the attached List of Emporiki Bank shares held by Members of the Board of Directors of Emporiki Bank and Management.
2. Report dated 7/7/2011 of the Financial Adviser "HSBC France S.A."
1. Document dated 7/7/2011 containing justified opinion of the BoD of Emporiki Bank, concerning the voluntary tender offer by "Credit Agricole S.A." for the acquisition of the total number of the shares of "Emporiki Bank of Greece S.A." not owned by "Credit Agricole S.A." and "Sacam International SAS" and the attached List of Emporiki Bank shares held by Members of the Board of Directors of Emporiki Bank and Management.
2. Report dated 7/7/2011 of the Financial Adviser "HSBC France S.A."