Further to its announcements dated 28/02/2008 and 01/04/2008, Marfin Popular Bank Public Co Ltd (the «Bank») announces that the Board of Directors has approved the Dividend Re-investment Scheme, which will be proposed during the Annual Ordinary General Meeting that will take place on May 15, 2008.

In the Scheme, it is mentioned that the price of the exercise right for the re-investment of 2007 dividend in Bank shares, will be 10% lower than the average closing price of the Bank’s share in the Cyprus Stock Exchange and the Athens Stock Exchange for the period from May 23 until May 29, 2008 (first five ex-dividend days).

A detailed information letter and application for participation in the Re-investment Scheme has been mailed to the Bank's shareholders along with the Annual Report and the Notice of the Annual Ordinary General Meeting. Both the letter and application have also been posted on the Bank's website (www.laiki.com). The application must be returned to the Bank until May 22, 2008.

Letter Re-investment of dividend 2007

Application for Participation in Re-investment Scheme