RNS Number:0943M
Alpha Bank A.E.
09 June 2003


                        NEW INTEREST RATES FROM ALPHA BANK

As of Tuesday June 17, 2003 interest rates on Housing and Consumer Loans, Credit
Cards and Deposits are the following:

LOANS AND ADVANCES (*)

Individuals

1. Alpha Euro Rate Housing Loan (**)

- with fluctuating interest rate based on the interest rate of the European
Central Bank,

plus margin:

2.25% for an amount of loan up to Euro 150,000      from 4.75% to 4.25%

1.80% for an amount of loan from Euro 150,001 from 4.30% to 3.80%




2. Loans for real estate of any kind or professional premises (**)

- with fluctuating interest rate based on the interest rate of the European
Central Bank,

plus margin 3.25% from 5.75% to 5.25%





3. Alpha Repair Housing Loans (**)

With mortgage prenotation

- with fluctuating interest rate based on the interest rate of the European
Central Bank,

plus margin from 8.00% to 7.50%

Without mortgage prenotation

- with fluctuating interest rate based on the interest rate of the European
Central Bank,

plus margin from 9.75% to 9.25%




4. Consumer Loans

Alpha 700 (open personal loan) from 12.50% to 12.00%

CREDIT CARDS

Athens 2004 Gold Visa   9.00% (unchanged)

Athens 2004 Silver Visa (for the first semester)  9.00% (unchanged)

(after the first six months) from 15.75% to 15.25%


Athens 2004 Visa from 15.75% to 15.25%

Alpha Bank Visa  from 15.75% to 15.25%

Alpha Bank Mastercard from 15.75% to 15.25%

Alpha Bank Electron Visa-Cinephile from 15.75% to 15.25%

Artion Visa from 15.75% to 15.25%

Dynamic Visa (for the first semester) from 12.25% to 12.13%

(after the first six months) from 14.95% to 14.78%

American Express (charge card)  from 15.00% to 14.50%

American Express (credit card) (for the first semester) 9.00% (unchanged)

(after the first six months) from 15.50% to 15.00%

BMW American Express (credit card) (for the first semester) 9.25% (unchanged)

(after the first six months) from 15.50% to 15.00%

Store Cards (Kalogirou Silver & Gold, Nutriclub Card, 

Amway Card) from 15.75% to 15.25%



DEPOSIT ACCOUNTS

1. Alpha 100 (individuals)

Above Euro 200,000.01 from 2.25% to 2.00%

From Euro 100,000.01

to Euro 200,000 from 1.75% to 1.50%

From Euro 15,000.01

to Euro 100,000 from 1.25% to 1.00%

From Euro 3,000.01

to Euro 15,000 from 0.50% to 0.25%

Up to Euro 3,000 from 0.25% to 0.15%

The interest rate of each category is applied to the whole amount of the deposit
based on the amount of the daily balance.

2. Savings Accounts

Alpha 400

Above Euro 200,000.01 from 1.25% to 1.00%

From Euro 30,000.01

to Euro 200,000 from 1.00% to 0.75%

From Euro 1,000.01

to Euro 30,000 from 0.50% to 0.25%

Up to Euro 1,000 from 0.25% to 0.15%

The interest rate of each category is applied to the whole amount of the deposit
based on the amount of the average six month balance.

Alpha 410

Above Euro 200,000.01 from 1.25% to 1.00%

From Euro 30,000.01

to Euro 200,000 from 1.00% to 0.75%

From Euro 1,000.01

to Euro 30,000 from 0.50% to 0.25%

Up to Euro 1,000 from 0.25% to 0.15%

The interest rate of each category is applied to the whole amount of the deposit
based on the amount of the daily balance.

3. Alpha 500 (firms)

Above Euro 150,000.01 from 1.25% to 1.00%

From Euro 100,001.01

to Euro 150,000 0.25% (unchanged)

From Euro 30,001.01

to Euro 100,000 0.15% (unchanged)

From Euro 10,001.01

to Euro 30,000 0.10% (unchanged)

Up to Euro 10,000 0.00% (unchanged)

The interest rate of each category is applied to the whole amount of the deposit
based on the amount of the daily balance.



4. Alpha 290 (Sight Accounts for firms) Negotiable

5. Interest rate for Blocked Deposits from 1.25% to 1.00%

6. Repos Negotiable





(*) Plus the contribution of Law 128/75.

(**) Valid as of June 9, 2003






                                        Athens, June 9, 2003



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