The Hellenic Republic Swiss Law-Governed Bondholders Invited to Join Ad Hoc Group

NEW YORK, March 5, 2012 /PRNewswire/ -- Holders of the 2 1/8% Bonds 2005-2013 of CHF 650,000,000 (the "Bonds") issued by The Hellenic Republic (the "Republic") have formed an Ad Hoc Group (the "Group") in response to the Republic's recent Solicitation of Consents (the "Solicitation").  The Group's members hold a material portion of the Bonds.  The Group is concerned by the terms proposed in the Solicitation, and the Group is exploring means to address its concerns and to protect the rights of holders of the Bonds.  Interested holders of the Bonds are invited to contact the Group before acting on the Solicitation, through the Group's legal advisor Bingham McCutchen LLP.  Given that 8 March is the deadline for submitting a Participation Instruction, holders are urged to contact the Group's legal advisor quickly.

Contact details are as follows:

Bingham McCutchen LLP
399 Park Avenue
New York NY 10022
  Attn:  Tim DeSieno
  Email:  [email protected]
  Tel: +1 212 705 7426

We look forward to speaking with you.

This communication is neither an offer nor a solicitation to participate in any transaction in any jurisdiction.

Bingham, www.bingham.com, offers a broad range of market-leading practices focused on global financial services firms and Fortune 100 companies.  The firm has more than 1,000 lawyers in 14 locations in the United States, Europe and Asia.  Follow the firm on Twitter @BinghamLaw.

SOURCE Bingham