Press Release - 30.11.2006

SENCAP S.A. and Enel S.p.A. have formed a bidding consortium for the energy project in Kosovo

PUBLIC POWER CORPORATION S.A.
COMMUNICATIONS DEPARTMENT


                                                                           PRESS RELEASE

Public Power Corporation S.A. announces the participation of its affiliate, SENCAP S.A. (South Eastern Energy Capital), in the Kosovo tender directed by the Ministry of Energy and Mining of the Provisional Institutions of Self Government of Kosovo which is requesting applications for Pre-Qualification from qualified private investors.
SENCAP S.A. and Enel S.p.A. have formed a bidding consortium that has submitted the application for Pre-Qualification for the energy development project in Kosovo. The project consists of the construction of a new power plant with an estimated capacity of up to 2,100 MW and associated transmission capacity, the development of a new coal mine for existing generation units, the development of a new mine for new generation units, and the rehabilitation of an existing power plant.
SENCAP S.A. is a registered Greek Societe Anonyme incorporated by Public Power Corporation S.A. and ContourGlobal LLC for acquiring and developing energy projects in Southeastern Europe.

Athens, 30th of November 2006                                                                                From the Press Office

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