COMMISSION FOR THE PROTECTION OF COMPETITION

The Service of the Commission for the Protection of Competition on the 24th of July 2008 received on behalf of the company Piraeus Bank Romania S.A., notification of a proposed concentration according to Article 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99), concerning an agreement by which Piraeus Bank Romania S.A. will acquire 51% of the issued share capital of the company Finnagan Holdings Limited from Hunterfield Limited.

” Piraeus Bank Romania S.A.” main activities concentrate in the banking sector.

“Finnagan Holdings Limited” only operation is the holding of the issued share capital of Capital Partners SRL.

” Hunterfield Limited” only operation is the holding of the issued share capital of Finnagan Holdings Limited

” Capital Partners SRL” is mainly active in the advisory services sector in connection with mergers and acquisitions, the placement of securities either privately or to the pubic at large, the financing of business undertakings including the financing of real estate development, real estate brokerage and the capital structure of corporations.