Alpha Bank refers to a resolution of its Board of Directors dated 3.4.2008, which was adopted pursuant to a decision of its Annual General Meeting of Shareholders of the same date, whereby it was authorised to acquire (under article 16 of codified law 2190/1920, as in force), in the interim period between 3.4.2008 through to 3.4.2009, directly or indirectly, up to 2.5% of the Bank's outstanding paid-in share capital, at a purchase price per share of no less than Euro 1.00 and no more than Euro 33.00.
The Board of Directors of Alpha Bank, at its meeting on 27.6.2008, resolved to terminate the current, interim, share buyback period.