Alpha Bank announces that, in the period from 22.5.2006 to 20.7.2006 it has purchased 6,000,000 treasury shares, at an average acquisition cost of Euro 19.21 per share. Alpha Bank makes reference to the decision of the Board of Directors of the Bank dated 16.5.2006, based on the resolution of its Annual Meeting of Shareholders of 18.4.2006, to purchase treasury shares, in accordance with art.16, par.5 of codified law 2190/1920 to purchase up to 3% of its total outstanding paid-in share capital. As of 20.7.2006 the Bank owns 17,757,796 treasury shares, i.e. 4.36% of the total outstanding paid-in share capital.