ALPHA SERVICES AND HOLDINGS S.A.

Notification about a significant change in the number of voting rights according to Law 3556/2007 [14.3.2011]

Under Greek Law 3556/2007, ALPHA BANK A.E. (the ''Bank'') announces that, pursuant to a letter delivered on 11.3.2011, Morgan Stanley notified/stated that, through Morgan Stanley and Co.International PLC and Morgan Stanley and Co. Inc. New York acting in their own name and on behalf of themselves and/or parties related thereto, it holds indirectly, without being in concert with third persons, an aggregate percentage of voting rights and number of shares amounting, directly and indirectly, to 5.109% or 27,295,565 common shares and an equal number of voting rights, compared to a previous, direct and indirect, aggregate holding over same amounting to 4.965% or 26,525,745 shares respectively.