ANNOUNCEMENT

Signing of financing contract with EIB

PPC announces the signing of the first financing contract with the European Investment Bank of an amount of €235 million, in the context of a total credit line of €415 million approved by the Bank.

The said financing concerns investments for the period 2013-2015 for the modernization and reinforcement of the Electricity Distribution Network of the mainland and islands ofGreece.

Athens, March 18, 2014