The Board of Directors of EFG Eurobank Ergasias S.A. («EUROBANK») and of DIAS Portfolio Investments S.A. («DIAS») announce that at their meetings on 26/11/2010 they approved the draft merger agreement for the absorption of DIAS by EUROBANK. The merger will take place by consolidating the assets and liabilities of both entities, on the basis of their merger balance sheets of November 2, 2010. The proposed stock exchange ratio is 6.2 existing DIAS shares for 1 new EUROBANK share and 1 new EUROBANK share for every 1 EUROBANK share held. The above is subject to the approval of the draft merger agreement by the General Meetings of the Shareholders of the merging companies.
