Shareholder Information - 20.07.2007

Proposal for annulment of the Extraordinary General Meeting that is set to take place on 26-7-2007

ANNOUNCEMENT

PPC SA announces that at the Board of Directors meeting in 24-7-2007, an annulment of the Extraordinary General Meeting of the shareholders, that is set to take place on 26-7-2007 and the convention of a new Extraordinary General Meeting, will be submitted for approval.

Athens, July 20, 2007