ANNOUNCEMENT
The Board of Directors of PPC approved, on April 28, 2009, two Memoranda of Understanding, one between PPC and Restis Group of Companies - Golden Energy One Holdings Ltd and one with Quantum Corporation Limited and the Bank of Cyprus.
The Memorandum of Understanding with Restis Group of Companies - Golden Energy One Holdings Ltd refers to examining the potential for cooperation between the firms in the following areas:
The Memorandum of Understanding with Quantum Corporation Limited and the Bank of Cyprus refers to examining the feasibility of the construction and operation of power plants in Bosnia-Herzegovina.
Athens, April 28, 2009
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