Announcement – Acquisition of Own Shares 23.8.2006

In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, EFG Eurobank Ergasias S.A. (“the Bank”) announces that according to Company Law 2190/1920, article 16, par. 5, and following the decision of the Annual General Meeting of the Shareholders of the Bank dated April 3, 2006 and the Board of Directors’ resolution dated April 14, 2006, purchased own shares through the Athens Exchange Member EFG Eurobank Securities, as follows:

a)       On 14August 2006 the Bank purchased 33,017 shares, with average cost price € 23.47per share and total purchase price € 774,903.57

b)       On 17 August2006 the Bank purchased 57,752 shares, with average cost price € 24.23per share and total purchase price € 1,399,466.63

c)       On 18 August 2006 the Bank purchased 3,506 shares, with average cost price € 24.27 per share and total purchase price €85,091.37.