Notice of EGM

RNS Number:9165Q
Alpha Bank A.E.
15 October 2003

INVITATION

                 TO THE SECOND GENERAL MEETING OF SHAREHOLDERS

                         TO DECIDE UPON POSTPONED ITEMS

FROM THE EXTRAORDINARY GENERAL MEETING


In accordance with Law 2190/1920 "On Corporate Legislation", as amended, and
Article 12 of the Bank's Articles of Incorporation, the Shareholders of Alpha
Bank are invited, on Thursday October 30, 2003, at 9.30 a.m., at the Athens
Hilton Hotel, 46 Vassilissis Sophias Avenue, to the Second General Meeting of
Shareholders to decide upon postponed items from the Extraordinary General
Meeting.


AGENDA


1.      Approval of the draft contract and deed for the merger of "Alpha Bank
A.E" and "Alpha Investments A.E." by absorption of the latter by the former,
approval of the Merger Balance Sheet of "Alpha Bank A.E." accompanied by the
relevant certificates of the Auditors, the Report of the Board of Directors,
according to Article 69, paragraph 4 of Law 2190/1920 and granting of
authorisation for the signing of the notarial deed and the performance of any
other act or statement required to this purpose.

2.      Approval, according to Article 23a of Law 2190/1920, of the draft
contract and deed for the merger of  "Alpha Bank A.E." and "Alpha Investments
A.E." by absorption of the latter by the former.

3.      Increase of the Share Capital of "Alpha Bank A.E." by the amount of the
share capital contributed by "Alpha Investments A.E.", resulting from its
absorption. Decrease of the Share Capital of "Alpha Bank A.E.", by the amount
which corresponds to the par value of the shares of the Absorbed Company owned
by the Absorbing Company, to the par value of the shares of the Absorbing
Company owned by the Absorbed Company and to the par value of the shares of the
Absorbed Company owned by the Absorbed Company itself. Increase of the Share
Capital of "Alpha Bank A.E." by the capitalisation of reserves for the rounding
off of the nominal value of each share of "Alpha Bank A.E. " to Euro 4,87.
Amendment of Article 5 of the Articles of Incorporation and granting of an
irrevocable order to the Board of Directors for the settlement of any fractional
rights.

4.      Approval of all deeds, actions and statements, until today, of the Board
of Directors of "Alpha Bank A.E." and of its representatives and proxies
relative to the aforementioned merger.



All shareholders have the right to participate in the Annual General Meeting and
vote, in person or by proxy. Every share gives the right to one vote.

Shareholders who wish to attend the Annual General Meeting should, through their
operator in the Dematerialised Securities System (S.A.T.) bind whole or part of
the shares they possess in exchange for a share binding certificate, which they
should deposit by Friday October 24, 2003 in any Branch of Alpha Bank. In cases
where no operator has been appointed and the shares have been placed in the
special account, share binding certificates will be issued by the Central
Securities Depository (Mavrokordatou Square & 17, Acharnon Street).

Shareholders can also deposit their share binding certificates in any bank in
Greece or the Deposit and Loans Fund and abroad in Alpha Bank Branches or in
Alpha Bank London, Alpha Bank Cyprus, Alpha Bank Romania and Alpha Bank a.d.
Skopje or any other bank and present the receipt they will be supplied with as
well as any documents of representation at the Main Branch of Alpha Bank, 40
Stadiou Street (Shareholders' Service Section, tel.: [phone]) by October
24, 2003.



Due to the fact that, for some items of the agenda, increased quorum is
required, Shareholders are requested to deposit in time, as stated above, the
share binding certificates and in the event they are unable to attend the
Meeting in person, to nominate a proxy to represent them.



                            Athens October 14, 2003

                             The Board of Directors


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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