  Let (X, \omega) be a compact connected Kaehler manifold of complex dimension
d and E_G a holomorphic principal G-bundle on X, where G is a connected
reductive linear algebraic group defined over C. Let Z (G) denote the center of
G. We prove that the following three statements are equivalent: (1) There is a
parabolic subgroup P of G and a holomorphic reduction of the structure group of
E_G to P (say, E_P) such that the bundle obtained by extending the structure
group of E_P to L(P)/Z(G) (where L(P) is the Levi quotient of P) admits a flat
connection; (2) The adjoint vector bundle ad(E_G) is numerically flat; (3) The
principal G-bundle E_G is pseudostable, and the degree of the charateristic
class c_2(ad(E_G) is zero.
