GENERAL BANK OF GREECE S.A.

ANNOUNCEMENT REGARDING THE PROCESS Of THE SALE OF FRACTIONAL BALANCES RESULTED BY THE REVERSE SPLIT OF THE SHARES OF GENIKI BANK.

GENIKI Bank announces that on Thursday 27th September 2012, will take place the sale of 4.786 common registered shares of the Bank, resulted as fragmental balances from the decrease of number of shares from 1,729,744,037 to 17,297,440 common registered shares with the proportion of 1 new share for the replacement of 100 old shares (Reverse Split), with the simultaneous increase of share's nominal value from €0.30 to € 30,0000006417135, as decided by the Extraordinary General Meeting of the Shareholders of 24.07.2012 and approved by the decision of the Minister of Economic Development, Competitiveness and Shipping No. 6106/04.09.2012.

The Cyprus Investment and Securities Corporation Limited (CISCO) is appointed as the member of the Athens Exchange for conducting the sale of the specific shares, according to current legislation.

The starting price for the sale of shares will not deviate by more than three percent (3%) from the previous closing price right before the liquidation trading day (i.e. on Wednesday 26th September, 2012).

GENIKI Bank is responsible for the distribution of the net sale amount to the shareholders.
GENIKI Bank will proceed to a new announcement in order to inform on the result of the sale, as well as on the procedure regarding the collection of the amount by the shareholders.
For any further information shareholders could contact during working days and hours the Shareholders Department at tel. 210-6975476.