Investor Relations - 20.12.2006

Crewing of Internal Audit Entity of PPC S.A.

PUBLIC POWER CORPORATION S.A.


                                                                ANNOUNCEMENT


Public Power Corporation S.A. announces the hiring of the following Internal Auditors, who are not Company employees:

Varvatsoulakis Ioannis
Galanouli Heleni
Lidorikis Nikolaos
Xidis Charalampos
Piatas Athanasios

The members of the Internal Audit Entity of the Company are as follows:

Polizos Nikolaos, Head of the Internal Audit Entity
Aivaliotakis Constantinos
Andrikopoulos Andreas
Varvatsoulakis Ioannis
Galanouli Heleni
Lidorikis Nikolaos
Xidis Charalampos
Piatas Athanasios
Roumanas Ioannis
Tremouli Evaggelia

Athens, December 20, 2006