Thursday, 29 July 2004

+++ Announcement for payment of dividents for the financial year 2003 +++

The Company hereby announces, that according to the resolution of its shareholders' Ordinary General Meeting of 22.06.2004, the dividends for the financial year 2003 amount to € 0,10 per share.

Beneficiaries of the dividends are the Company's shareholders upon the close of the Athens Stock Exchange meeting of June 22^nd, 2004 . From June 23^rd , 2004, the company's shares will be negotiated with no right for dividends for the financial year 2003.

The payment of dividends will begin on Friday, August 20^th, 2004 and will be dispatched by "OMEGA BANK S.A." until 31.12.2004. Within this period, shareholders can collect their dividends as follows:

1. Through their administrators (Stock Exchange companies and Banks), which will address the contracting Bank "OMEGA BANK S.A." (Coordination and Administration Dept., Operations Division, Depository Dept., 1 Kifissias & Alexandras Ave., Athens 11523, 4^th floor, tel. +30 210 6970550, +30 210 6970561, +30 210 6970551, fax +30 210 6456010, e-mail: " merisma@omegabank.gr ", contact persons: Mrs. Aggeliki Dalkafouki, Mrs. Eftichia Athanasopoulou and Mr. Nicholaos Kittes.

2. The shareholders in person or their legal representatives (upon presenting the relevant authorization document, authenticated by a State Authority) at " OMEGA BANK S.A.", through its network of branches (open line: +30 210 6970000 - www.omegabank.gr), upon presenting their Identification Card and a print-out of their investment profile document.

After 31/12/2004, payment of dividends will be carried out at Company offices ( 19.5 km. Markopoulou Ave., 190 02 Peania, Attiki, tel. +30 210-6671731, Investor Relations Dept.).

For more information, shareholders are kindly requested to contact the Company's Investor Relations Department, tel. +30 210-6671731 or the Depository Department of "OMEGA BANK S.A.".

Dividents which will not be claimed within five (5) years, lapse in favour of the Greek State.