Investor Relations - 20.12.2012

Re-election of Arthouros Zervos as Chief Executive Officer of PPC S.A


PUBLIC POWER CORPORATION S.A. announces that, the Extraordinary Unsolicited Universal General Meeting of the Company’s Majority Shareholder was held on Thursday, December20th, 2012.
After the completion of the procedure foreseen in article 49A of the Standing Orders of the Hellenic Parliament, the Hellenic Republic, Majority Shareholder, as owner of 51.12% of the Company’s total shares, lawfully represented at the General Meeting by the Ministry of Finance and the Hellenic Republic Asset Development Fund (HRADF) S.A., lawfully re-elected Mr. Arthouros Zervos as the Company’s Chief Executive Officer (CEO) in accordance with article 9 par. 2 a) of the Company’s Articles of Incorporation.
The CEO is elected for a three years term, which expires on December 20th, 2015.
The formation of the Board of Directors in a Body and the election of the Chairman of the Board of Directors will be decided during its next meeting, i.e. tomorrow, Friday, December 21st, 2012.

Athens, December 20, 2012

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