Alpha Bank makes reference to the resolution of its Annual Meeting of Shareholders of 18.4.2006, pursuant to which the Bank may purchase treasury shares, in accordance with art.16, par.5 of corporate law 2190/1920. According to the aforementioned resolution, Alpha Bank may proceed, until 17.4.2007, to the purchase of up to 3% of its total outstanding paid-in share capital, at the lower/upper limit of the share purchase price of Euro 3.90 and Euro 26.00 respectively.
The Board of Directors of Alpha Bank, at its meeting on 19.12.2006, has adapted its decision taken on 18.7.2006, in relation to the maximum number of shares which may be purchased, so that the Bank can acquire additional treasury stock up to 5,318,611 shares, which, after taking into account the number of treasury shares already purchased and held, will not exceed 6,120,330 shares or 1.5% of the total outstanding capital of the Bank. In all other respects, the current buyback period (until 17.4.2006) and the lower/upper limit of the share purchase price (Euro 3.90 and Euro 26.00 per share respectively), shall remain unchanged.