Announcement – Acquisition of Own Shares 24.10.2006

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 16 October 2006 the Bank purchased 66,500 shares, with average cost price € 26.39 per share and total purchase price € 1,754,694.18

b) On 17 October 2006 the Bank purchased 41,250 shares, with average cost price € 26.17 per share and total purchase price € 1,079,603.61

c) On 18 October 2006 the Bank purchased 38,500 shares, with average cost price € 26.23 per share and total purchase price € 1,009,837.79
 
d) On 19 October 2006 the Bank purchased 46,537 shares, with average cost price € 26.23 per share and total purchase price € 1,220,486.28

e) On 20 October 2006 the Bank purchased 2,500 shares, with average cost price €  26.19 per share and total purchase price € 65,484.61

f) On 23 October 2006 the Bank purchased 6,000 shares, with average cost price €  26.20 per share and total purchase price € 157,191.10.