Investor Relations - 25.01.2011

Appointment to the position of General Manager of Supply Division

                                                              ANNOUNCEMENT

PPC S.A. announces the appointment of Mr. Lazaros Karalazos to the position of General Manager of the Supply Division, as of 24/1/2011.

Mr. Lazaros Karalazos has been with PPC for 22 years. Before this appointment, Mr. Karalazos has served as Director of the Fuel Purchasing and Logistics Department from 2007. Among other, Mr. Karalazos has also served as Director of the Fuel and Purchasing Department of the Generation Division from 2001 to 2007.

Mr. Karalazos holds an Electrical Engineering Diploma from the Technische Hochschule Darmstadt of Germany and a degree in Finance Engineering from the Technische Universitat of Munich.

Athens, January 25th, 2011.
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