According to the provisions of law 3556/2007 (articles 3 (ist), (bb) and 21), combined to the provisions of article 10 par. 1 of law 3340/2005 and article 2 of the Decision of the Board of Directors of the Hellenic Capital Market Commission 3/347/12.07.2005, and following Proton Bank's earlier announcement of 01.02.2007 regarding discussions for acquiring 51% of the share capital of International Life Insurance Company, the bank hereby announces that in light of a change in strategic direction in the Insurance sector, it currently ceases to discuss with the shareholders of the company above.
Proton Bank S.A. wishes to thank the management and executives of International Life for their cooperation up to this point.