Investor Relations - 17.04.2008

April 22, 2008 BoD of PPC SA will discuss the MoU with RWE

ANNOUNCEMENT

PPC announces that the Board of Directors at its meeting next Tuesday April 22, 2008 will discuss the Memorandum of Understanding with RWE.

In a press conference today, the Chairman and CEO of PPC Dr.Takis Athanasopoulos mentioned that the MOU includes the development of a 500-800MW coal power plant in Albania. This project will be managed by a joint venture in which RWE will own 51%, PPC 39% and TITAN, a cement manufacturing company with facilities in Albania, 10%

Athens 17-4-2008
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