PRESS RELEASE

EFG Eurobank Ergasias will be offering new investment products of the Eurostructures series to the investment public as of Monday, March 12, 2001. These are four new deposit programmes (three in Euros and one in USD) with 100% guarantee of initial capital, that offer the potential of high yields.The four new products will be made available on a first-come first-served basis from March 12 through to March 16, in the 330 Eurobank and Ergasias branches throughout Greece.The new products are: Euro-Yen OneTouch ¨Time deposit of 9 month duration, linked to the EUR/JPY exchange rate ¨Minimum participation amount: 50,000 Euros Features: ¨100% guarantee of initial capital upon expiration ¨Annualised yield of 9.11%, should the exchange rate EUR/JPY be equal to, or greater than, 126, at any time of the product duration Euro-Dollar Range ΙΙ ¨Time deposit of 6 month duration, linked to a specified fluctuation range of the EUR/USD exchange rate ¨Minimum participation amount: 50,000 Euros Features ¨100% guarantee of initial capital upon expiration ¨High interest rate for each day the EUR/USD exchange rate is within the specified fluctuation rangeProfit Guaranteed 115 ¨Time deposit of 5 year duration, linked to the largest money markets through the indices S&P 500, DOW JONES EURO STOXX 50sm, NIKKEI 225 ¨Minimum participation amount: 10,000 USD Features ¨100% initial capital guarantee upon expiration ¨Minimum guaranteed yield of 15% upon expiration ¨High yield opportunity with 100% participation in the possible average increase of international money markets.Euro Top 50 II ¨ Time deposit of 2 year duration linked to the average increase of DOW JONES EURO STOXX 50sm index ¨ Minimum participation amount: 10.000 Euros Features ¨ 100% guarantee of initial capital upon expiration ¨ High yield opportunity with 75% participation in the possible average increase of the DOW JONES EURO STOXX 50sm index

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