ABSTRACT OF MINUTES
OF THE 11th/2.8.2012 MEETING OF THE BOARD OF DIRECTORS

Subject: Tender no 503105/28.7.2011 for purchasing metal oxide surge arresters.
Ratification of the results of the above mentioned tender and award of the purchasing.

The Board of Directors approved the tender no 503105/28.07.2011 published under open procedure, the ratification of the results and the award to the technically accepted tenderer, SIEMENS S.A., for purchasing 28,000 pieces of metal oxide surge arresters reduced by 12,000 pieces of the quantity included in the call for tender (percentage of 30%),for total price of 730,520.00 euros (plus VAT) and delivery FREE of the materials to specific Regional Warehouses of PPC S.A. on its vehicle.

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Subject: Signature of Agreement- Declaration of Debt recognition between HEDNO S.A. and Elliniki Enallaktiki Energiaki S.A.

The Board of Directors decided the approval of the above mentioned agreement content and the provision of authorization to CEO for its signature.

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