Universal Bank: New composition of CGC Committees

With reference to the above issue, we wish to inform you that at the meeting held on July 19, 2007, the Board of Directors decided the new composition of the Committees, pursuant to the Corporate Governance Code:

Audit Committee
Chairman: Christakis Clerides
Member: Christos Mavrellis
Member: Athos Papachristoforou

Risk Management Committee
Chairman: Christakis Pavlou
Member: Garo Keheyian
Member: Kypros Miranthis
Member: Yiannos Mouzouris

Nominations Committee
Chairman: Simeon Matsis
Member: Michalis Kleopas
Member: Kypros Miranthis
Member: Yiannos Mouzouris

Remunerations Committee
Chairman: Christakis Pavlou
Member: Garo Keheyian
Member: Athos Papachristoforou