GENERAL BANK OF GREECE S.A.

ANNOUNCEMENT

“Geniki Bank (the “GB”) announces that it was informed by its major shareholder, Société Générale (“SG”), that SG will participate in the sale day of GB's fractional shares. That decision was made on 23 July, 2012 to ensure that all fractional shares will be sold, with a view to facilitating the successful completion of the reverse split process and assisting GB to meet the objectives of such reverse split.”