Investor Relations - 25.08.2005

New General Managers of PPC S.A.

PUBLIC POWER CORPORATION S.A.



ANNOUNCEMENT



The Board of Directors of the PUBLIC POWER CORPORATION S.A. at the meeting of August 25, 2005, approved the appointment as General Managers for five-year tenure as follows:

 Mr. Anastasiadis Grigoris (57) has been reappointed as Chief Financial Officer. Mr. Anastasiadis is an economist and joint PPC S.A. in November 2000.

Mr. Bousdekis Dimitris (51) has been appointed as General Manager of Transmission. A mechanical-electrical engineer, he joined PPC S.A. in 1981 and prior to his new appointment he was Procurement Head of the Transmission Business Unit.

Mr. Lathouris Dimitris (51) has been appointed as General Manager of Distribution. A mechanical-electrical engineer, he joined PPC S.A. in 1985 and prior to his new appointment he was regional Distribution Manager for Central Greece.

Melas Konstantinos (62): has been appointed as General Manager of Mines. A mining engineer, he joined PPC S.A. in 1970 and prior to his new appointment he was General Manager in the Institute of Geology & Mineral Exploration since 2004.

Mizan Avraam (57): has been appointed as General Manager of Generation. An electrical engineer, he joined PPC S.A. in 1972 and prior to his new appointment he was the head of Thermal Projects Engineering & Construction of Generation.

Athens, 26-8-2005