ANNOUNCEMENT

Comments on press article

In relation to a newspaper article published today 27.6.2015 regarding the adjustment of a power tariff category by PPC, we clarify the following:
•             The rationalization of tariffs and the abolition of cross subsidies are in line with the European rules on cost-reflective tariffs.

•             The company is currently examining data and proposals, also discussed during a recent meeting of its Board of Directors, with regard to the implementation of tariff rationalization concerning consumptions from 0 to  800kWh (mainly holiday/country houses and secondary residences) as well as professional/commercial tariffs.

•             PPC S.A. will inform responsibly and in detail the consumers upon completion of the rationalization process.

Athens, June 27, 2014