Alpha Bank announces that the Second General Meeting of Shareholders to decide upon Postponed Items from the Extraordinary General Meeting of its Shareholders was convened in Athens on March 29, 2005. Shareholders representing 80,922,902 voting shares, or 34.42% of the Bank's Share Capital, were present.
The Extraordinary General Meeting had the necessary quorum and thus approved, with a majority vote of 100.00%, all items on the agenda. In particular, the following items were approved:
1. The drafts of the contract and the deed of the merger of Alpha Bank and Delta Singular S.A. by absorption of the latter by the former, the Merger Balance Sheet of Alpha Bank A.E., the relevant certificates of the Auditors, the Report of the Board of Directors, according to Article 69, paragraph 4 of Law 2190/1920 and the granting of authorisation for the signing of the notarial deed and the performance of any other act or statement required to this purpose.
2. The increase of the Share Capital of Alpha Bank due to the merger by absorption of Delta Singular S.A., the issuing and distribution of shares, the amendment of Article 5 of the Articles of Incorporation and the granting of an irrevocable order to the Board of Directors for the settlement of any fractional rights.
3. All deeds, actions and statements, until today, of the Board of Directors of Alpha Bank A.E. and of its representatives and proxies in relation to the aforementioned merger.
The completion of the merger of Alpha Bank and Delta Singular S.A. by absorption of the latter by the former is anticipated in April 2005, pending the registration of the approval of the Ministry of Development in the Companies' Register, following which the Bank will make all necessary announcements.