ANNOUNCEMENT
PPC S.A. announces that, on Friday, March 30th, 2012, at the Extraordinary General Meeting of the Company “HELLENIC ELECTRICITY DISTRIBUTION NETWORK OPERATOR S.A. (DEDDIE S.A.)”, a 100% subsidiary company of PPC S.A., its Board of Directors was elected, as follows:
• Safakas Athanasios, Chairman, (Professor Emeritus)
• Κollias Georgios, Chief Executive Officer (Electrical-Mechanical Engineer, former General Manager of PPC SA)
• Tsolas Ioannis, Member (professor at the National Technical University of Athens),
• Liakopoulos Georgios, Member (Lawyer, General Manager of Corporate Governance of Piraeus Bank)
• Menegatos Iraklis, Member (Electrical Engineer, Director of Distribution Network Department of PPC S.A.)
• Κapsalis Kyriakos, Member (Mechanical Engineer and Economist)
The term of office of the elected members of the Board of Directors of DEDDIE S.A. - resulting from the spin off of the PPC SA Distribution Segment and its contribution to the new Company - is three years ending on March 29th, 2015. In addition, the composition of the Board of Directors shall be completed with one member, as representative of the employees, to be elected pursuant to the Articles of Incorporation of the Company.
Athens, April 2nd, 2012