Investor Relations - 24.06.2008

Mr. Prodromos Efthymoglou, new Deputy CEO of PPC S.A.

                                                          ANNOUNCEMENT


The Board of Directors of PPC S.A. at its meeting held on June 24, 2008, approved the appointment of Mr. Prodromos Efthymoglou, as Deputy Chief Executive Officer responsible for the supervision of the Headquarters Divisions.

Athens, June 24, 2008