PUBLIC POWER CORPORATION S.A.
ANNOUNCEMENT
Mr. Dimitris Maniatakis after two years as Managing Director and member of the board of the Power Public Corporation decided to resign.
During today΄s meeting the Board of Directors was informed about his decision, accepted it and thanked him for his work.
Due to mr. Maniatakis decision, the Board of Directors decided to call for a General Meeting of the majority shareholders in order to elect the new Managing Director. Until then, and according to the company΄s statutes, the managing director΄s duties will be exercised by the President mr. Constantine A. Kyriacopoulos.
During the Board of Directors meeting mr. Kyriacopoulos mentioned that mr. Maniatakis service was of great importance for the corporation, as he reinforced co-operativeness and reliance, setting the ground and the main guidelines for the years ahead.
Mr. Dimitris Maniatakis will remain at the Public Power Corporation, according to a relevant decision by the Board of Directors, while his exact duties will be defined soon by a new decision of the Board of Directors, for the coordination and the development of the group΄s companies especially with respect to its international activities.
Athens 16-1-2007
