Proton Investment Bank Athens, Greece

November 29, 2004 (Press Release) -- FOR IMMEDIATE RELEASE:


www.proton.com
Proton Investment Bank


Athens, Greece - November 29, 2004

PROTON BANK focuses on investment banking and the provision of specialised corporate advisory and investment services.

PROTON BANK does not engage in traditional banking services and therefore its organic growth does not rely on its loan portfolio income. Credit extension is limited, mainly to the underwriting of marketable instruments, placed through syndications.

Given this strategy, PROTON's 35,000,000 Euros share capital provides a satisfactory capital base, ensuring very high capital adequacy ratios and adequate resources for inward investment.

Indeed, at 24.5%, PROTON's capital adequacy ratio is by far among the highest in Europe, well above the minimum 8% required ratio for European banks by Basel I and a 10% average ratio for Greek banks.



For additional information:

http://www.proton.com


Contact Information:

Ioannis E.C. Haramis
Tel.: +30 210 9005410
i.haramis@proton.gr
http://www.proton.com