GEK TERNA S.A.

Purchase of own shares

The Company GEK S.A. announces to the Investors that by virtue of article 16 par. 5 of the Codified Law 2190/1920, the Annual Ordinary General Assembly of its shareholders that took place on 27/6/2007 decided the purchase by the Company of GEK S.A. shares, up to a percentage of 10% of the total shares of the Company, which corresponds to 6.546.336 shares, at a minimum price of six (6) euros per share and at a maximum price of twenty five (25) euros per share. The above purchase can take place from 28.06.2007 until 27.06 2008.