Investor Relations - 09.01.2007

AXA holds 3,39% voting rights in PPC

PUBLIC POWER CORPORATION SA

                                                                       Announcement

The Public Power Corporation SA informs that "AllianceBernstein" notified the following increase in "AXA SA" aggregate holdings in PPC. As of December 22, 2006 due to the inclusion of Winterthur''s assets, "AXA Investment Managers" ("AXA IM") in France and "AllianceBernstein" in USA aggregate holdings in Public Power Corporation amount, as notified, to 5.04% of share capital, shares for which they hold discretionary voting rights amount to only 3.39% of PPC''s total voting rights.

 Athens, Jan 8, 2007