Press Release - 20.04.2004

Results of the second Annual General Meeting of Shareholders of PPC S.A.

PUBLIC POWER CORPORATION S.Α.
COMMUNICATION DEPARTMENT


PRESS RELEASE


RESULTS OF THE SECOND ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF "PUBLIC POWER CORPORATION S.A.


"PUBLIC POWER CORPORATION SOCIETE ANONYME" announces that the Second Annual General Meeting of the shareholders, which was accomplished on Tuesday the 20th of April, 2004, decide on the following:

  1. Approved the financial statements of the Company for the twelve -month fiscal year from 1.1.2003 to 31.12.2003, after hearing of the reports of the Board of Directors on the events in the said fiscal year and of the chartered auditors.
  2. Approved the consolidated financial statements of the Company for the fiscal year from 1.1.2003 to 31.12.2003, after hearing of the reports of the Board of Directors on the consolidated financial statements and of the chartered auditors.
  3. Approved the Company's consolidated financial statements, which have been compiled on the basis of International Financial Reporting Standards for the fiscal year from 1.1.2003 to 31.12.2003.
  4. Released the Members of the Board of Directors and of the auditors of the Societe Anonyme under the name "Public Power Corporation S.A." from all liability for compensation concerning the financial statements, the administration of the Company and the consolidated financial statements for the fiscal year from 1.1.2003 to 31.12.2003.
  5. Approved the distribution of dividend of the Company for the fiscal year from 1.1.2003 to 31.12.2003.
  6. Approved the Appointment of auditors for the fiscal year 2004, pursuant to articles 31 and 32 of the Articles of Incorporation of the Company.
  7. Approved the remuneration and compensation paid to the Members of the Board of Directors of the Company for the fiscal year from 1.1.2003 to 31.12.2003 and preliminary approval of the gross remuneration and compensation for the fiscal year from 1.1.2004 to 31.12.2004.
  8. Approved the fees of the Chartered Auditors for fiscal year from 1.1.2003 to 31.12.2003, on the basis of Greek Law 2190/1920 for the consolidated financial statements as well as for the financial statements according to IFRS for the period 1.1.2003 to 31.12.2003.




Athens, 20 April 2004                                                                             FROM THE PRESS OFFICE

Browser update recommended

Our website has detected that you are using an outdated browser that will prevent you from accessing certain features.
In order to improve your browsing experience we strongly recommend you use the links below to update to one of the following modern browsers.

Appointment Appointment appointment form