ANNOUNCEMENT
The Board of Directors of PPC S.A. approved the signing of the Articles of Incorporation for the formation of a subsidiary, in which PPC S.A. will hold a 51% stake, Quantum 40% and Bank of Cyprus 9%, under the name “PPC QUANTUM ENERGY S.A.”. The objective of the company will be, amongst other, the study, design, founding, construction, operation, management and exploitation of power plants in the region of the Republic of Srpska in Bosnia-Herzegovina.
Athens, May 9, 2011
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