In its practice of providing correct and timely information to investors and pursuant to article 4.1.2 & 4.1.4.3.1. of the Athens Stock Exchange Rulebook, TERNA ENERGY S.A. announces its Financial Calendar of 2012:

Announcement  and release of the Full Year 2011 Financial Results at the company's website (www.terna-energy.com) as well as the website of the Athens Exchange (www.ase.gr):  Friday, March 30, 2012 after the ASE's end of trading

Publication of the Full Year 2011 Financial Results in the Press: Saturday, March 31, 2012

Annual Briefing of Analysts: Tuesday, April 3,  2012

Ordinary General Meeting of Shareholders: Thursday, May 17,  2012

Ex-Dividend Date 2011: Monday, May 28,  2012 before the expiration  date of Future Contracts on the Company's shares and on the Index in which they are included.

Dividend beneficiaries 2011 - Record date: Wednesday,  May 30,  2012

Dividend 2011 Payout date: Wednesday, June  6, 2012

The dividend for the fiscal year 2011 will be paid out through Bank who will credit the operators' accounts, which in turn will credit the beneficiaries' accounts. An announcement will follow with details on the procedure.

Announcement  and release of the 1^st Quarter 2012 Financial Results: Wednesday, May 30, 2012

Announcement  and release of the 1^st Semester 2012 Financial Results: Thursday, August 30, 2012

Announcement  and release of the 3^rd Quarter 2011 Financial Results: Thursday, November 29, 2012

The announcements of the financial results will be released after the ASE's end of trading and will be published in the press the day following their announcement.

The Company reserves the right to change the above dates following relevant notification to the Investors.