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ELLÉNIÊÉ TECHNODOMIKI TEB S.A.

Response to the letter of HCMC with protocol number 3119/4.7.2008.

July 8, 2008

In response to your letter with protocol number 3119/4.7.2008, we inform you that the amount of the share capital of the electrical energy production company that is referred in our announcement dated 3.7.2008, this will be assigned, jointly with the other partners and taking into account the necessities of the company, in the forthcoming period, and having received the necessary approvals by the regulatory authorities.

The said clarification is being published following relevant question received by the Capital Market Commission.



For further information, please contact: Mr. Stergios Pitoskas, Investor Relations, Elliniki Technodomiki, at (3010) 699-6821 or fax at (3010) 699-6850, or Mr. Nicolas Bornozis, President, Capital Link Inc., in New York at (212) 661-7566. This and additional information can be accessed at Capital Link's website www.capitallink.com.

     




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