GEK TERNA S.A.

FINANCIAL CALENDAR OF THE YEAR 2012

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, GEK TERNA S.A. announces its Financial Calendar of 2012:

Announcement  and release of the Full Year 2011 Financial Results at the company's website (www.gekterna.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, June 21,  2012

The BoD will propose to the General Meeting of the Sharehoders that no dividend will be distributed for the fiscal year 2011

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

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

Announcement  and release of the 3rd Quarter 2012 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.