Proton Investment Bank S.A. is pleased to announce to the investors community that today, September 27th, 2006 the Ministry of Development of Greece approved the Deed for the merger of the Bank with Omega Bank and Proton Securities S.A., (Ref: K2-13106)by absorption of these companies by the Bank, which was decided by the General Meetings of the three companies on September 7th, 2006. The unification of the systems and the operational procedures related to the merger are being completed, while the new entity will operate fully on Monday, October 2nd under the name of Proton Bank S.A. This merger will enable PROTON BANK to implement its Business Plan for a balanced growth of its commercial and investment banking services.