Press Release - 14.03.2006

Decision of Supreme Administrative Court of Bulgaria for Bobov Dol power plant

PUBLIC POWER CORPORATION


                                                                    PRESS  RELEASE


The Supreme administrative court of Bulgaria overturned on Tuesday, March 14, 2006, the decision by the director of the privatization agency to cancel the public tender for the sale of 100 percent of the Bobov Dol power plant, for which PPC has tendered the highest bid.

PPC S.A. welcomes the supreme's court decision and reiterates its commitment towards the prompt and successful completion of the privatization process.

Athens, March 14, 2006                                                                                          From Press Office
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