Investor Relations - 02.12.2005

Mr. Dimirtis Maniatakis, CEO, will act temporarily as Chairman of the BoD of PPC S.A.

                                                                ANNOUNCEMENT

Following the resignation of Mr. I. Palaiokrassas as Chairman of the Board of Directors of PPC S.A., on Friday, December the 2nd , 2005, as per the Articles of Incorporation of the Company, Mr. Dimirtis Maniatakis, CEO, will also act temporarily as Chairman of the Board of Director.

Athens, 2 December 2005
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