ANNOUNCEMENTPublic Power Corporation S.A. announces the recovery from ALUMINIUM S.A. of a total sum of million 21.3, euros (17,4 mil. euros plus interest), as unlawful state aid not compatible with the common market, according to Commission Decision of 13 July 2011, which was granted to ALUMINIUM S.A. in the form of reduced electricity tariff for the period from January 2007 to March 2008. The recovery took place after the issuance of relevant decisions in favor of PPC by the Athens Court of First Instance and in accordance with a relevant agreement for the assignment of sums for the recovery of state aid signed between PPC S.A .and ALUMINIUM S.A .
Athens, May 8, 2014
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