Alpha Bank A.E. (the “Bank”) announces that it has filed an offer with Credit Agricole for the purchase of shares representing the entire share capital of Emporiki Bank. It is the Bank's view that, by virtue of its filed offer, limited only use of public funds shall be made towards transaction consummation, it is in line with the directions of the authorities and, at the same time, contributes to the reliable restructuring of the Greek banking system.

The Bank, also, categorically denies press reports about a deal having been reached between the Bank and Credit Agricole for the purchase of Emporiki Bank.

This announcement is released at the request, also, of the Capital Market Commission.