ANNOUNCEMENT

Athens, 31/10/2018

The National Bank of Greece (the “Bank”), in light of publications, announces the following:

The Bank, upon detection by its internal control and compliance mechanisms of unusual transactions carried out through the use of credit cards, promptly proceeded with the required actions for their termination. In that context, the Bank proceeded to the timely notification of competent Authorities.

Moreover, in implementation of corporate governance and business ethics rules, the Bank's competent bodies were informed and the Board of Directors resolved upon the immediate taking of measures by the Management.