Hellenic Bank Public Company Limited announces that, in view of certain investigations being undertaken in relation to alleged statements and actions of the Chief Executive Officer (CEO), the Board of Directors of the Bank has decided, in order to ensure the smooth conduct of the said investigations, that it is proper that the CEO abstains from his duties until the completion of the said investigations. Mr. Petros Arsalides, Company Secretary /General Manager, Chairman's Office & Company Secretariat, will be performing the duties of the CEO during the abovementioned absence.