According to decision Nr.3/347/12.07.05 of the Board of Directors of the Capital Markets Commission, Emporiki Bank announces that its Board of Directors, at its meeting of March 22, 2007, elected, in replacement of Mr. Christian Jacques of Marcel, Executive Member of the Board, who resigned, as a new Executive Member, Mr. Bruno Charrier of Bernard, for the remaining term of the member who resigned, that ends at the day, that the Ordinary General Shareholders Meeting of the year 2008, will be held. Also, Mr. Charrier was appointed as Deputy Chief Executive Officer of the Bank.