Renewal of service for the employees’ representatives in the PPC S.A.’s Board of Directors

PUBLIC POWER CORPORATION S.A.

In accordance with article 29 of the Greek Law 3175/2003 and following resolution no. 151/23.9.2003 of the company's Board of Directors, the term of service in the PPC S.A.'s Board of Directors of the employees' representatives,

Mrs. Maria Souani, Mr. Vasilios Avramidis and Mr. Athanasios Matsaridis,

has been renewed until January 8, 2004.