Laiki Group decided to hold an Extraordinary General Meeting on October 24 to approve its shares for the three-way merger with Marfin Financial Group and Egnatia Bank. The first special resolution provides that the new shares be offered to the shareholders of Marfin and Egnatia and not the existing shareholders of the Bank, while the second special resolution provides that the bank’s name change to Marfin Popular Bank. With the ordinary resolution, the Bank requests the EGM approval for an increase in the nominal capital from £250 million to £475 million with the launch of 450 million new shares of nominal value £0.50 each.

All shareholders registered as at October 20, 2006 will be entitled to vote. The shareholders will have the right to vote via a proxy.