ALAPIS S.A. in response to the letter of the Hellenic Capital Market Commission with protocol number 5078/21.11.07, regarding an article on the web portal "euro2day" on November 21st , 2007 in relation to the issuance of a bond amounting ? 700 to ? 800 mil., announces that pursuant to the realization of its business plan, the Company examines the possibility of issuing new loans, without having as yet finalized its decisions regarding the terms or the Banks that it will cooperate with. In any case, the company with respect to the Law and the ATHEX regulation will announce all relevant regulated information.