Debt Refinancing

Announcement

PPC S.A. informs that, as mentioned by the Chairman and CEO of PPC in its speech, during the Ordinary Shareholders' Meeting held yesterday, an agreement was reached with the Greek Banks for the refinancing of two existing syndicated bond loans amounting to € 1.3 bln and € 175 mln, as well as for the provision of a new credit line amounting to € 200 mln, which can be used for the repayment of an international bond maturing in 2019, if need be.

Following  the approval of the agreement by the Credit Committees of the Banks and the Board of Directors of PPC , the Company will proceed to an announcement for the accurate and timely information of the investors' community.

Athens, June 8, 2018