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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