Further to a question posed by the Hellenic Capital Market Commission upon the occasion of relevant press reports, National Bank of Greece (NBG) hereby informs investors that, in view of the completion of the results of the Asset Quality Review and stress tests conducted by the ECB, it is examining, as deemed appropriate, a range of alternative proposals to meet potential recapitalization needs.

During the current exploratory phase, and until the completion of the relevant exercises performed by the ECB, any predictions regarding the implementation of a specific strategic option in respect of the issues referred to in the said reports would be considered premature.

In any case, NBG will keep the investment public informed in accordance with the provisions of the applicable legal and regulatory framework and the decisions of the supervisory authorities.

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