Investor Relations - 02.04.2009

Construction award for a Power Station in South Rhodes

ANNOUNCEMENT

Construction award for a Power Station in South Rhodes

The Board of Directors of PPC S.A. approved on April 2nd, 2009, the results of the tender for the supply and installation of a Power Station in South Rhodes with a capacity of 115.4 MW, burning low sulphur heavy fuel oil, and decided to award the project to the lowest bidder TERNA S.A.

The project award was for a total cost of €183 million including the construction of all the main and auxiliary civil engineering works and other installations.

The delivery time for the new station is set to 30 months.

Athens April 2, 2009

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