GEK TERNA S.A.

Announcement

The Company GEK 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 25/6/2008 decided the purchase by the Company of own 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 one (1) euro per share and at a maximum price of thirty (30) euros per share. The above purchase can take place within the next twenty four months and the latest by June 25, 2010.