Athens, Greece - Alpha Bank A.E., Greece΄s second largest bank, will announce results for the first quarter of 2003 (the three months ended 31 March 2003) on Wednesday, 7 May 2003. The schedule for the day will be as follows:

08:30 Athens (06:30 BST) Press release, including a full set of results, available form the company by pre-arrangement or from Alpha Bank/s website (www.alpha.gr. ) and The Athens Stock Exchance website (www.ase.gr. ).

10:00 Athens (08:00 BST) Analyst and investor meeting (in Greek), at Alpha Bank, 40 Stadiou Street, Athens, 102 52.

16:00 Athens (14:00 BST) International analyst and investor conference call-details available by request.

Alpha Bank management will be available for comment during the day.

Enquiries:

Alpha Bank Tel: 0030 210 326 2828 Michael Massourakis

Financial Dynamics Greece Tel: 0030 210 725 8194 Alastair Hetherington Mob:0030 6947 752 284

Financial Dynamics London Tel: 0044(0)20 7269 7294 Geoffrey Pelham-Lane Emma Buchanan