MARFIN FINANCIAL GROUP:

• Share capital increase of €5,19 billion

• Issue price € 6.70 per new share

• 14 new shares for 1 old

The Board of Directors of «MARFIN FINANCIAL GROUP HOLDINGS S.A.» announces that during its meeting of 5.3.2007 finalized the proposal to the Ordinary General Shareholders Meeting for the announced share capital increase. The General Shareholders Meeting will be held on Thursday, March 29, 2007 and following the approval of the Annual Financial Statements, is expected to approve a share capital increase of € 5,190,223,862.60. The issue price will be proposed to be € 6.70 and nominal value €0.54 per share. The issuance of 774,660,278 new shares corresponds to 14 new shares for 1 old share. MFG has submitted a request to the administration of Athens Stock Exchange for the, if necessary, adaptation of the regulatory framework taking into account the characteristics of the proposed share capital increase. The share capital increase will fund the new activities of the Company, which will mainly be buy - out and equity investments in Greece, Cyprus and the Southeastern Europe region.

The Board of Directors has been informed that Marfin Popular Bank, main shareholder with 95%, intends to decide not to exercise its preferential rights for the capital increase.

Furthermore the proposal of the Board of Directors to the General Meeting of the shareholders is the distribution to the shareholders of a return of capital €10.92 per share and € 4.41 as a dividend i.e. totally € 15.33 per share. The Board of Directors will also propose the renaming of the Company to MARFIN INVESTMENT GROUP (MIG) and the Shareholders Meeting will elect the new Board of Directors.