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PRESS RELEASE 24-2-2005

BANK OF ATTICA : Growing figures, declining results due to increasing provisions in 2004.

For the Bank of Attica and its Group the past year was characterized by growing figures on the one hand, and declining results on the other. This latter development was owed to the remarkable increase of provisions and depreciations.

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The important growth of the key figures and the operating income of the Bank, on individual and consolidated basis, and, also, the decision made by its new Administration for a significant increase in the amounts allocated for provisions, so to reach the complete purification of its portfolio, in view of the International Accounting Standards to be applied, characterize the Bank of Attica in the first half of the year 2004.

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