Alpha Bank makes reference to the resolution of its Annual Meeting of Shareholders of 18.4.2006, to purchase treasury shares, in accordance with art.16, par.5 of corporate law 2190/1920. According to the aforementioned resolution, Alpha Bank may proceed, until 17.4.2007, to the purchase of up to 3% of its total outstanding paid-in share capital, at the lower limit share purchase price of Euro 5.00 and upper limit share purchase price, Euro 36.40, adjusted to Euro 3.90 and Euro 26.00, following the issue of bonus shares as decided by the Annual Meeting of Shareholders of 18.4.2006.
The Board of Directors of Alpha Bank, at its meeting on 16.5.2006, decided, pursuant to the above, that the Bank, throughout the period from 22.5.2006 to 20.10.2006, purchase up to 6,000,000 treasury shares at the lower and upper limit share purchase price of Euro 3.90 and Euro 26.00 respectively.