Alpha Bank refers to the decisions of its Board of Directors dated 26.4.2007 and 31.7.2007, which set initially an interim period for the purchase of treasury shares (2.5.2007 - 30.11.2007), and subsequently terminated such period on 31.7.2007, based on the resolution of its Annual Meeting of Shareholders dated 3.4.2007 and in accordance with art.16, par.5 of codified law 2190/1920. Alpha Bank announces that, in the period between 2.5.2007 and 31.7.2007, it has purchased 1,378,254 treasury shares, i.e. 0.34% of the total outstanding paid-in share capital, at an average acquisition cost of Euro 24.76 per share. As of 31.7.2007, the Bank owned 3,505,992 treasury shares, i.e. 0.86% of the total outstanding paid-in share capital.