Investor Relations - 29.06.2011

Submission of offers for the Ptolemaida V Lignite Unit

                                                                ANNOUNCEMENT


PPC S.A. announces that, in relation to the Tender for the “engineering, supply, transport and installation of a Lignite Unit, with an installed capacity of 550-660 MWel in SES Ptolemaida (Ptolemaida V), burning pulverized lignite and with the capability of providing up to 140 MWth for district heating”, with a total budget of € 1.32 bln, the following 2 bids were submitted on 28.06.2011 and were accepted in this phase :

1. The bid from TERNA S.A. with the following subcontractors: Hitachi Power Europe GmbH, Hitachi Ltd Japan and Hamon Environmental GmbH.
The bid refers to capacity of 660 MW.

2. The bid from a Group of Companies led by Alstom Power System S.A. and including Alstom Power Systems GmbH, Alstom Hellas S.A., METKA S.A. and DAMCΟ Energy S.A., as well as the following subcontractors: Alstom Power Systems GmbH, Alstom Power Steam Turbines, Alstom Power India and Alstom Power Italia.

The bid refers to capacity of 598.9 MW.

The bids will be evaluated by the competent Evaluation Committee of the Company.


Athens, June 29, 2011

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