Investor Relations - 17.05.2010

Contract signed for the construction of submarine cable

                                                 ANNOUNCEMENT



PPC S.A. announces that it signed on Friday, May 14, 2010, with the company Nexans Norway AS the contract for the construction of a submarine cable connecting Polypotamos (South Evia) and Nea Makri (Attica. The budgeted cost of the project is € 64 million and it is expected to be completed in 3 years.



Athens, 17 May, 2010