PUBLIC POWER CORPORATION S.A.
ANNOUNCEMENT
RESULTS OF THE 4th ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF "PUBLIC POWER CORPORATION S.A."
"PUBLIC POWER CORPORATION SOCIETE ANONYME" announces that, the fourth Annual General Meeting of the Shareholders, was held on Wednesday, 24 May 2006. The 181 Shareholders representing 140.466.376 shares (60,55 % of a total of 232.000.000 shares) discussed and approved the following:
ITEM ONE: Approval of the PPC S.A.'s Financial Statements for the fiscal year from 1.1.2005 to 31.12.2005 and the consolidated Financial Statements of the PPC S.A. Group, prepared in accordance with the International Financial Reporting Standards
ITEM TWO: Approval of distribution of Euro 0.50 per share dividend for the fiscal year from 1.1.2005 to 31.12.2005
ITEM THREE: Release of the members of the Board of Directors and of the certified public accountants from any responsibility for compensation concerning the fiscal year from 1.1.2005 to 31.12.2005 pursuant to article 35 of Codified Law 2190/1920
ITEM FOUR: Ratification of appointment of Members of the Board of Directors
ITEM FIVE: Approval of the remuneration and compensation paid to the Members of the Board of Directors of the Company for the fiscal year from 1.1.2005 to 31.12.2005 and pre-approval of the gross remuneration and compensation for the fiscal year from 1.1.2006 to 31.12.2006
ITEM SIX: Amendment, supplement to, abolition and renumbering of articles 5, 10, 11, 19, 24, 32, 37, 38 and 39 of the Articles of Incorporation and its codification
ITEM SEVEN: Appointment of certified public accountants for the fiscal year from 1.1.2006 to 31.12.2006, pursuant to articles 31 and 32 of the Articles of Incorporation of the Company and approval of the certified public accountants remuneration for the abovementioned fiscal year
Athens, 24-5-2006