Investor Relations - 28.05.2004

Payment of Dividend € 0.70 per share for the Fiscal Year 2003

PUBLIC POWER CORPORATION S.A.



ANNOUNCEMENT
(No/Date: 2/25-5-2004)

Payment of Dividend for the Fiscal Year 2003 

The PUBLIC POWER CORPORATION S.A. announced that, in accordance with the decision of the 2nd Annual Meeting of Shareholders of 20/4/2004, the dividend for the fiscal year 2003 amounts to Euro 0.70 (seventy cents) per share. Shareholders of record as at the end of the Athens Stock Exchange meeting on 20/4/2004 are entitled to such dividend. As of 21/4/2004, the shares of the Corporation are traded on the Athens Stock Exchange with no rights to the dividend on profits for the fiscal year 2003.

Payment of the dividend is to commence on 28th May 2004 and is to be effected until 27th May 2005 by NOVABANK S.A. (25-29 Panepistimiou Ave. Branch) through the authorized users (Securities Companies and Banks) of the shareholders.

For more information, Shareholders may contact the Corporation's Shareholders Department or NOVABANK S.A., 25-29 Panepistimiou Ave. Branch, 105 64 Athens (tel. No. 210/3316394).


Athens, 25-5-2004

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