ALPHA SERVICES AND HOLDINGS S.A.

New Member of the Board of Directors of Alpha Bank

Following the resignation of Mr. Panayotis Athanassopoulos on 30.1.2007, Professor Emeritus of the University of Piraeus, Senior Executive Advisor of Toyota Motor Europe NV/SA, the Board of Directors of 27.2.2007 elected Mr. Evangelos J. Kaloussis, Chairman and Managing Director of NESTLE HELLAS S.A., as non-executive member of the Board of Directors, for the remaining tenure of the present Board.