Public Power Corp PPCD Comment on press articles

  Public Power Corp (PPCD) - Comment on press articles

RNS Number : 1918S
Public Power Corporation S.A.
28 November 2012


Announcement



Comment on press articles



Commenting on articles published concerning the alleged delay ofPPC in
settling overdue payments to DEPA and for accurately informing the investors'
community, PPC clarifies the following:

PPC has always settled in full and within its contractual deadlines its
financial obligations to DEPA in connection with their bilateral agreement for
natural gas supply.

In addition, within the context of settlement of financial disputes between
the two companies with respect to previous years and up to 31.12.2011, it was
agreed that DEPA owes to PPC a net amount of € 94.1 million.



Athens, November 28, 2012

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END


SPCBKFDDCBDKODB -0- Nov/28/2012 09:20 GMT