Investor Relations - 09.05.2007

Announcement on the power plant Bobov Dol


                                                                      ANNOUNCEMENT

PPC has been advised by the Privatisation Agency of Bulgaria on May 8th 2007, of a decision allegedly terminating the privatisation process for the Bobov Dol Thermal Power Plant, in which PPC is the preferred bidder.

PPC shall study the decision issued by the Privatisation Agency, as soon as it becomes available.

Notwithstanding the above, PPC has been invited to hold discussions with the Minister of Environment of Bulgaria, which had been pre arranged for the 21st of May 2007 through diplomatic channels.

Athens 9-5-2007
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