Investor Relations - 09.12.2016

Comments on a press article

                                                                   Announcement

Following an electronic press article which mentions that “SSM has requested by the Greek banks not to provide new loans to PPC”, PPC  S.A. informs that it recently received an indicative proposal by a consortium of Greek banks for a new credit line of € 200 m, something which was also mentioned by the rating agency S&P in its report dated November 25, 2016.  The terms of the proposal are, as usual, under negotiation between PPC and the banks.

Athens, December 9, 2016