ANNOUNCEMENT
RESULTS OF THE 6th ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF "PUBLIC POWER CORPORATION S.A."
"PUBLIC POWER CORPORATION SOCIETE ANONYME" announces that, the fifth Annual General Meeting of the Shareholders, was held, with quorum 65,32%, on Thursday, 12 June 2008. The Annual General Meeting of Shareholders discussed and approved the following:
ITEM ONE: Approval of the PPC S.A.'s stand alone and consolidated Financial Statements for the 6th fiscal year (from 1.1.2007 to 31.12.2007) as well as approval of the unbundled Financial Statements pursuant to article 20 of Law 3426/2005.
ITEM TWO: Approval of the distribution of share dividend for the fiscal year from 1.1.2007 to 31.12.2007 from taxed extraordinary reserve funds of previous fiscal years.
ITEM THREE: Release of the members of the Board of Directors and of the chartered accountants from any responsibility for compensation concerning the fiscal year from 1.1.2007 to 31.12.2007 pursuant to article 35 of Codified Law 2190/1920.
ITEM FOUR: Ratification of appointment of the new Member of the Board of Directors and his capacity.
ITEM FIVE: Approval of the remunerations and compensations paid to the Members of the Board of Directors of the Company for the fiscal year from 1.1.2007 to 31.12.2007 and pre-approval of the gross remunerations and compensations for the fiscal year from 1.1.2008 to 31.12.2008.
ITEM SIX: Appointment of chartered accountants for the fiscal year from 1.1.2008 to 31.12.2008 pursuant to articles 31 and 32 of the Articles of Incorporation of the Company and approval of the chartered accountants remunerations for the abovementioned fiscal year.
Athens, 12-6-2008