GEK TERNA S.A.

Announcement for extraordinary tax contribution L.3845/2010

GEK TERNA announces that, the one-off extraordinary tax contribution of social responsibility on the total 2009 net income of legal entities, which was imposed by Article 5 of Law 3845/2010, will amount, according to estimations, to Euro 4.6 mn for the Group, whereas for the Company, based on the aforementioned estimations, there will be assessed no such tax contribution, due to the fact that the company's net income derives from dividends already subjected to the extraordinary tax contribution of art. 2, L. 3808/2009. The amount of the above tax contribution will be finally determined after the receipt of the relevant Payment Notes to be issued by the competent Tax Authorities and will affect the results of the financial year 2010.