ANNOUNCEMENT
In relation to recent press articles and following our previous announcement (12.06.2012), which, among other, states that “PPC examines all possible funding sources and in this respect, it is also in discussions with the Loans and Consignment Fund”, it is clarified that the amount of the loan disbursed by the Loans and Consignment Fund to PPC was €110 m and not €130m, as mentioned in the said press articles.
In addition, as mentioned in the announcement dated 12.06, “the agreement and disbursement of any new loan relates to the financing of Company’s operations and growth and does not relate to the repayment of existing debt.”
Athens, June 22, 2012