According to decision No 3/347/12.07.2005 of the Board of Directors of the Capital Market Commission, Emporiki Bank of Greece S.A. announces that its Board of Directors, at its meeting of May 30, 2006, decided, based on Bank of Greece Governor s Act No 2577/09.03.2006, to establish a Risk Management Unit. Credit Control Division, Risk Management Division, and the Group Risk Officer s Office will come under the administrative and operational authority of the Risk Management Unit. Mr. Petros I. Lyrintzis, Manager, is appointed Head of the Risk Management Unit.