Investor Relations - 18.10.2007

Signed the final agreement between PPC SA and the Wind Greece SpA for the transfer of her attendance in the Tellas

ANNOUNCEMENT

PPC SA announces that on October 17, 2007, a final agreement was signed with WIND HELLAS TELECOMMUNICATIONS SA, a subsidiary of the WEATHER INVESTMENTS SpA, for the transfer of its indirect participation in TELLAS TELECOMMUNICATIONS SA, for a total price of €175 m. The finalization of the transaction is subject to the approval of the competent regulatory authorities.

Athens, October 18, 2007
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