Investor Relations - 07.07.2008

Mr. Ioannis Giannidis resigned from his position as Board member of PPC S.A.

ANNOUNCEMENT

Public Power Corporation S.A. announces that on July 3, 2008, Mr. Ioannis Giannidis resigned from his position as Board member of PPC S.A. His replacement will follow the procedures provided in the Statutes of the Public Power Corporation S.A.

Athens, July 7, 2008