NATIONAL BANK OF GREECE S.A.

General Meetings

May 31, 2007 Repeat General Meeting to be held on Tuesday, 12 June 2007, at 11:00 a.m., at Aiolou 93 (Megaro Mela), Athens, in order to discuss and resolve upon the following issue: Approval of a stock options programme enabling the executive members of the Board of Directors, management officers and staff of National Bank of Greece and its affiliated companies to acquire shares of the Bank, pursuant to Companies' Act 2190/1920 Article 13 par. 9, as amended. According to the law and the Bank's Articles of Association, Shareholders who wish to participate in the Repeat General Meeting in person or by proxy are requested to proceed as follows:1. Shareholders of dematerialized shares not held in the Special Securities Account with the Central Securities Depository S.A. should have their shares blocked, in all or in part, via their Securities Account Operators. Shareholders should subsequently submit the relevant certification, issued by the Central Securities Depository S.A. and supplied to them by their Securities Account Operators, to the Bank (Head Office, network branches or the Shareholders Department at Aiolou 93, Athens) at least five (5) days before the date of the General Meeting (i.e. by Thursday, 7 June 2007). 2. Shareholders of dematerialized shares which are held in the Special Securities Account with the Central Securities Depository S.A. should have their shares blocked, in all or in part, directly through the Central Securities Depository S.A., by written declaration; the relevant certification issued to the Shareholders by the above-mentioned institution will subsequently be submitted by them to the Bank (Head Office, network branches or the Shareholders Department at Aiolou 93, Athens) at least five (5) days before the date of the General Meeting (i.e. by Thursday, 7 June 2007). Shareholders who are legal entities are further required to submit their legalization documents to the Bank, according to the law, within the same time limits as above, unless they have already supplied them to an NBG Unit, in which case they need only specify in their proxy the NBG Unit with which their documents are held. In the event that Shareholders, natural persons, wish to be represented by proxy, their representation documents should also be submitted to the Bank by Thursday, 7 June 2007. For their convenience, Shareholders who wish to participate in the General Meeting may authorize the Bank to take steps to have their shares blocked on their behalf, in which case they are requested to contact the Shareholders Department (Tel. Nos. +30 210 334 3414/16/21/26/28/60/94, and Fax. Nos. +30 210 334 3404/06/10).