Obligation Announcement

7th June 2013

Obligation Announcement to the Final Terms dated 30 April 2013 (as amended and restated on 7 June 2013) for the Issue of €2,370,000,000 Floating Rate Notes due May 2014 by Piraeus Bank S.A. ISIN . XS0927644517

The following information contained in the Final Terms dated 30 April 2013 shall deemed to be deleted and replaced by the following:

On page 2 of the Final Terms, the following change will be made: 

The provision 16 (i) Specified Period(s)/Specified Interest Payment Dates will be amended from

"Interest will be payable in arrear on the Maturity Date, subject in each case to the Business Day Convention"

to:

"Interest will be payable in arrears on August, November, February and May each year, commencing on 8th August 2013 up to and including the Maturity Date, subject in each case to the Business Day Convention.

The Issuer accepts responsibility for the information contained in this Announcement.

This Announcement is available, free of charge, at the Office of the Agent in London.

Signed on behalf of the Issuer:

By: Piraeus Bank S.A.

Duly Authorised