Investor Relations - 16.10.2006

Mr. George Angelopoulos has been appointed on 16 October 2006, as the acting C.F.O. of PPC SA

PUBLIC POWER CORPORATION S.A.


                                                                     ANNOUNCEMENT

The "PUBLIC POWER CORPORATION S.A.", pursuant to requirements that arise from article 2 par.2e of the 3/347/2005 decision of the BoD's of the Capital market Commission, notifies that Mr. George Angelopoulos has been appointed on 16 October 2006, as the acting C.F.O. of the Company, until a new C.F.O. is selected.

ATHENS 16/10/2006