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Operation of King George Palace Hotel

Eurobank EFG announces that, as of Thursday, 1 December 2011, its collaboration with the N. Daskalandonakis Group enters a new era, following the joint decision of the two parties to terminate the lease agreement for the King George Palace hotel.

The N. Daskalandonakis Group undertakes the management of the King George Palace hotel and shall continue the uninterrupted operation the hotel, which is fully owned by Eurobank EFG.