Press Release - 02.05.2012

Hellenic Electricity Distribution Network S.A. becomes operational

                                                     PRESS RELEASE


PPC S.A. announces that, as of 1.5.2012, the Hellenic Electricity Distribution Network Operator S.A. (HEDNO S.A.) became operational.

HEDNO S.A. is a 100% subsidiary of PPC S.A., following the spin-off of the Distribution segment and was established, according to Law 4001/2011 and in compliance to Directive 2009/72/EC of the European Union. HEDNO is responsible for the development, operation and maintenance of the Hellenic Electricity Distribution Network.

Athens, May 2nd, 2012

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