I consider myself worse than a newbie so don't get harsh at me.

So I have this issue for days. I got some eps banners with an image in it.

  The original eps was a template but I want my own image in it.

So here is the original:  

And here is what I get when I open illustrator:

Now to edit the grey area I tried the replace feature but it doesn't work. I tried linking my images but the same thing.

Is there any easy way to replace that with my own images? Thanks everyone

I have some EPS banners with an image in it. The original EPS was a template but I want my own image in it.

This is the original: 

And here is what I get when I open it with Illustrator:

Now to edit the grey area I tried the replace feature but it doesn't work. I tried linking my images but the same thing.

Is there any easy way to replace that with my own images?