In its meeting, held on October 17, 2003, the Board of Directors of Alpha Leasing approved the company financial statements for the nine-month period of 2003.

Pre-tax profits rose by 9.7% to Euro 13.2 million, against Euro 12 million in the respective period of the prior year. Improved operational profitability was mainly due to revenue growth of 4.7% to Euro 118.3 million and operating expenses reduction by 13.9%.