HB clarifies on dividend reinvestment

Further to the announcements dated February 22, 2007 and May 31, 2007 on the payment of a final dividend for 2006 to the shareholders of Hellenic Bank Public Company Ltd and the reinvestment of the net payable sum of the dividend in bank’s shares, the Bank clarified that on June 19, 2007, it sent letters on the option for reinvestment to all shareholders who have not instructed the bank on the reinvestment of their dividends.
The last day for the reply on the exercise of the reinvestment right or the provision of instructions for reinvestment is June 29, 2007.
The additional shares will be allocated with a discount of 12% on the average price of the share, that is, on the basis of the average closing price of the share in the CSE from 11/6/2007 to 15/6/2007, the first five business days that the share will trade ex-dividend (EUR3.74 – 12% = EUR3.29 / CYP1.92).