GEK TERNA S.A.

Issuing of the Tax Audit Certificate for the fiscal year 2011

The company “GEK TERNA S.A.”, in compliance with the provisions of par. 4.1.3.1 of the Athens Stock Exchange Regulation and article 10, par. 1 of L. 3340/2005, informs the Investors that the special tax audit for the fiscal year 2011, conducted by the legal Auditor in accordance with the provisions of article 82 par. 5 of L. 2238/1994, has been concluded and the relevant Tax Certificate has been issued without any reservations.