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Hellenic Republic Announces Extension Of Invitation Period In Relation To The Exchange Offer Transaction

Date 10/12/2012

The Hellenic Republic (the “Republic”)  announced  today that it has decided to extend the period for submission of additional participation instructions in respect of all securities  eligible  to  participate  in  the  Republic’s  invitation  (the  “Designated  Securities”) announced on 3 December 2012 (the “Invitation”) to offer to exchange Designated Securities for six-month notes to be issued by the European Financial Stability Facility (the “EFSF” and the “EFSF  Notes”)  until  12:00  p.m.  (London  time)  on  Tuesday,  11  December  2012  (which  will become the “Expiration Deadline” for the purposes of the Invitation). The extension will allow holders of Designated Securities who have not yet offered them for exchange pursuant to the Invitation to participate in the Invitation. However, holders of Designated Securities that submitted participation instructions prior to the initial expiration deadline (being 5.00 p.m. (London time) on Friday,  7  December  2012)  will  not  have  the  right  to  revoke  or  modify  such  participation instructions.

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