NATIONAL BANK OF GREECE S.A.

Press Release

November 30, 2007 Our Q3 performance exceeds our expectations for dynamic growth in the Group's business in Greece and, above all, the wider region of SE Europe and Turkey. Within an adverse economic environment, the Group continues to unroll its 3-year business plan, posting excellent performance on all fronts. Recurring profit in Q3 stands at a record high for the Group and in absolute terms the profit of the first three quarters of 2007 has already outstripped the profits of the entire previous year. A substantial proportion of the Group's income derives from its subsidiaries in SE Europe and Turkey, where the fastest growth in business was posted, thus vindicating our strategy to broaden and diversify the Group's sources of income. Foreign subsidiaries contributed over a third of total profit, with Finansbank holding the first place, delivering net profit of euro 349 million. This figure is even more impressive when considering the large margins for growth still offered by the Turkish market as well as the potential of the expanding branch network of Finansbank, which by the end of this year will almost double since the date the acquisition agreement was signed. Taking advantage of strong capital and deposit base, the Group continues to implement successfully its 3-year business plan, despite the current economic conjuncture in international financial markets.