annual report 2004

PPC S.A. today●Financially strong with dynamic growth prospects●Listed on the Athens and London Stock Exchanges●Société Anonyme, vertically-integrated electric utility company●Leading position in the Greek electricity market, facing limitedcompetition●Enjoys a low cost competitive advantage due to the use of lignitefor electricity production●Generates and distributes electricity throughout Greece tohouseholds and industrial premises●Implements successfully its business plan and instils a commercialculture●Improves quality of customer service by continually upgradingits services●Consistently Implementing environmental friendly policies●Adopts advanced technologies●Interconnects with other European energy markets●Expands in diverse markets, such as telecommunications (Tellas)●Ever since becoming an S.A., PPC enjoys solid financial results.●Maximises stakeholders valueC HAPTERT 0PIC( 3 )