PUBLIC POWER CORPORATION S.A.
COMMUNICATION DEPARTMENT
Announcement regarding free sharers
Private non-institutional investors of PPC S.A. who acquired shares at the Initial Public Offering in December 2001 shall receive one free share for every ten shares, with a maximum limit of 200 shares per shareholder, for the number of shares they retained until the closing time of the Athens and London Stock Exchanges on 11th June 2002.
The free shares shall be credited to the beneficiaries' securities account during the second ten-day period of July.
Athens, 12 June 2002