GEK TERNA S.A.

ΑNNOUNCEMENT ABOUT THE PURCHASE OF TREASURY SHARES

The Company GEK TERNA S.A. announces to the Investors that by virtue of article 16 of the Codified Law 2190/1920, the Annual Ordinary General Assembly of its shareholders that took place on 26/6/2014 decided and the B.O.D. during its meeting in 26/6/2014 set forth the details for the purchase by the Company of treasury shares, through the Athens Stock Exchange, up to a percentage of 10% of the total paid up share capital of the Company, taking into account the amount of 708,953 treasury shares that the Company already holds, thus up 8,737,283 shares and for purposes in accordance with the provisions of C.L. 2190/20 as currently in effect, Regulation 2273/2003 and Decision No. 1/503/13.3.2009 by the Capital Market Commission.

The above program will be completed within twenty four months as from the date of the decision of the General Assembly, i.e. the latest by June 25, 2016 and will be implemented at a minimum purchase price of ten cents (0.10) of a Euro and a maximum price of thirty (30) Euros per share.