"PUBLIC POWER CORPORATION S.A" announces that, the Extraordinary Special Meeting of Minority Shareholders, was held, with quorum 31,23%, on Thursday, 31 July 2008, with the following Agenda:

"Election of a new Member - representative of minority shareholders at the Board of Directors of PPC S.A. in accordance with the Law and articles 20, para 1 and 10, para 5b of the Company's Articles of Incorporation, due to the resignation of a Member of the Board representing Minority Shareholders".

Mr. Panagis Karellas, was elected as Member - representative of minority shareholders at the Board of Directors of PPC S.A. (independent-non executive member) for the remaining period of Mr. Ioannis Giannidis?s tenure, who resigned, that is until 8 January 2010.