Investor Relations - 15.12.2011

Election of new members of the BoD

                                                                 ANNOUNCEMENT

Public Power Corporation S.A. announces that during the Extraordinary Self-convened (Universal) General Meeting which convened on the 14.12.2011, the Hellenic Republic proceeded to the election of five new members of the Board of Directors of PPC S.A. :

- Ekaterinari Ourania, Deputy Chief Executive Officer of PPC, Non Independent Member
- Vassilogeorgis Charilaos, Independent Member
- Vernikos Nikolaos, Independent Member
- Theoklitos Leonidas, Independent Member
- Theos Konstantinos, Independent Member

The term of the five new members shall expire on 29.06.2013.

The formation of Body of the Board of Directors will take place at the next meeting of the Board of Directors.

Therefore the six members of the Board of Directors of PPC representing the Hellenic Republic are the following:

- Arthouros Zervos, Chairman and Chief Executive Officer of PPC
- Ekaterinari Ourania, Deputy Chief Executive Officer of PPC, Non Independent Member
- Vassilogeorgis Charilaos, Independent Member
- Vernikos Nikolaos, Independent Member
- Theoklitos Leonidas, Independent Member
- Theos Konstantinos, Independent Member


Athens, December 14, 2011