Investor Relations - 08.03.2012

Comment on press article regarding unpaid bills

                                                             ANNOUNCEMENT

Commenting on an electronic press report which referred to unpaid bills, PPC clarifies that the amount of unpaid bills (that is bills that have not been paid even for 1 day past their due date) was €819 million by 31.12.2011 but did not increase over the last six months of 2011, as suggested in the press article mentioning that "a few months ago the unpaid bills of PPC were not more than €400 million".

Athens 8-3-2012

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