Investor Relations - 25.02.2005

Resignation by the Managing Director, Mr. Stergios Nezis

                                                                   Announcement


PPC S.A is notifying that, following the resignation by the Managing Director, Mr. Stergios Nezis, on Wednesday, 23rd February 2005, Mr. I. Palaiokrassas, Chairman of the Board of Directors shall be the interim Managing Director, pursuant to the Enterprise's Article of Association.


Athens, 25th February 2005

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