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ALPHA BANK
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Newswire
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11-20-2007 - Share Buy Back
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Alpha Bank makes reference to the resolution of its Annual Meeting of Shareholders of 3.4.2007, pursuant to which the Bank may purchase treasury shares, in accordance with art.16, par.5 of c.l.2190/1920. According to the aforementioned resolution, Alpha Bank may proceed, until 15.4.2008, to the purchase of up to 3.00% of its total outstanding paid-in share capital, at a purchase price per share no less than Euro 3.90 and no more than Euro 32.00. The Board of Directors of Alpha Bank has duly resolved on the adaptation of its decision taken on 3.8.2007, in relation to the maximum number of shares which may be purchased, so that the Bank can acquire until the end of the current buyback period additional treasury stock up to 2,412,511 shares, which, after taking into account the number of treasury shares already purchased and held, will not exceed 3.00% of the total outstanding capital of the Bank which today equals 12,323,652 shares. In all other respects, the current buyback period (until 15.4.2008) and the lower/upper limit of the share purchase price (Euro 3.90 and Euro 32.00 per share respectively), shall remain unchanged.
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