Pursuant to the resolution Nr.3/347/12.07.05 of the Board of Directors of the Capital Market Commission, Emporiki Bank of Greece S.A. announces that its Board of Directors, at its meeting on October 20, 2006, in replacement of the resigning member of the Board Mr. Jean-Luc Perron of Henry elected as its new member Mr. Antonios Krondiras of Nikolaos.
The tenure of the above newly-elected member of the Board of Directors will end on the day that the initial or the postponed Ordinary General Meeting of the Shareholders of the Bank for the year 2008 will take place.
Moreover, the Board of Directors, in accordance with the Bank s Articles of Association, elected Mr. Antonios N. Krondiras as its Chief Executive Officer and Mr. Christian M. Jacques as its Deputy Chief Executive Officer.
Finally, in accordance with the provisions of Law 3016 "on corporate governance", as modified with article 26 of Law 3091, the Board of Directors determined the capacities if its members as executive, non-executive, and independent non-executive directors.
Following the above changes, the composition of the Board of Directors of the Bank is as follows:
1) Mr. Jean Frederic D. De Leusse, non-executive member, Chairman.
2) Mr. Bernard C. De Wit, non-executive member, Vice-Chairman.
3) Mr. Antonios N. Krondiras, executive member, Chief Executive Officer.
4) Mr. Christian M. Jacques, executive member, Deputy Chief Executive Officer.
5) Mr. Pierre-Rene-Henri J. Harang, non-executive member
6) Mr. Fokion F. Dimakakos, executive member
7) Mr. Nikolaos M. Empeoglou, independent non-executive member
8) Mr. Spyridon L. Lorentziadis, independent non-executive member
9) Mr. Philippe J. Dore, non-executive member
10) Mrs. Ypatia-Maria-Charlote C. Stratou, non-executive member
11) Mr. Panayiotis N. Tsakos, non-executive member
12) Mrs. Despoina S. Chalkidi, executive member
13) Mr. Christoforos A. Chatzopoulos, independent non-executive member
Both the election of the new member of the Board of Directors and the determination of the capacities of the independent non-executive members of the Board of Directors will be confirmed by a forthcoming General Meeting of the Shareholders of the Bank.