According to Law 3556/2007 and the relevant applicable decisions of the Board of Directors of the Capital Market Committee, GEK TERNA S.A. announces that on 5/5/2015 a Notification Form TR-1 was received by the company York Capital Management Global Advisors, LLC, which the latter submitted on behalf of the company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., regarding the acquisition of shares and voting rights in the company GEK TERNA S.A.

According to the above mentioned notification, the company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., is a 100% subsidiary of York Global Finance Offshore BDH, LLC, the senior managing member of which is the company York Global Finance Μanager, LLC, which in turn is controlled by York Capital Management  Global Advisors, LLC.

More specifically, the above mentioned company notified GEK TERNA that on 5/5/15 York Global Finance Offshore BDH (Luxembourg) S.a.r.l. acquired 5,765,117 shares and voting rights, as a result  of the conversion of bonds into shares, representing a percentage of 5.752% of the total voting rights of the company GEK TERNA S.A. and therefore their percentage of shares and voting rights exceeds the limit of 10% of the total voting rights of GEK TERNA S.A.

Date of transaction on which the percentage of voting rights crosses the threshold of 10%: May 5, 2015.   Situation previous to the triggering transaction: Number of shares and voting rights 9,121,938  namely 9.65% of the total voting shares of the company GEK TERNA SA.  Situation after the triggering transaction: Number of shares and voting rights 14,877,055 namely 14.85% of the total voting shares of the adjusted Share Capital  of the company GEK TERNA SA.