In accordance with the provision of article 16, par. 10 of Law 2190/1920, as currently in force, and further to the decision of the Annual General Meeting of shareholders of Piraeus Bank, dated 07/04/05, Piraeus Bank S.A. announces that the period of time for purchase of its treasury shares ended on 06/04/2006. The number of shares acquired amounted to 5.686.965 at the average purchase price of Euro 17,61. The total treasury shares owned by the Bank, following the sale of 5.360.125 of its treasury shares to institutional investors, amount to 2.186.665 and represent 1,02% of its share capital.