ANNOUNCEMENT OF RESIGNATION OF A MEMBER OF THE BOARD OF DIRECTORS

Thessaloniki Water Supply & Sewerage Company Co SA announces the resignation of Mr. Petros Samaras from the position of the non-executive member of the Company's Board of Directors.

Following the above resignation the composition of the Board of Directors of the company is the above:

1. Ioannis Papaioanou 1^st Vice President, executive member
2. Grigorios Penelis, 2^nd Vice President, non-executive member
3. Nikolaos Kleitou, (Independent) non-executive member, President of the Audit Committee
4. Stephania Tanimanidou, (Independent) non-executive member.
5. Panagiotis Gogos, (Independent) non-executive member.
6. Olympia Latsiou - Chrysafi, non-executive member.
7. Georgios Archontopoulos, non-executive member, Employees Representative,
8. Anastasios Sachinidis, non-executive member, Employees Representative.