Amendment of the dates of the Year 2011 Financial Calendar

With reference to its previous announcement dated February 23rd, MOTOR OIL (HELLAS) S.A. hereby announces the amendment of the dates of the year 2011 Financial Calendar as follows:

Publication of the Figures and Information of the fiscal year 2010: Thursday March 17th, 2011. The Figures and Information together with the Yearly Financial Report of the fiscal year 2010 will be available on the Company site www.www.moh.gr  (Investor Relations / Financial Information / Full Year Financial Reports) as well as on the Athens Exchanges site www.ase.gr  after the close of the trading day of Wednesday March 16th, 2011.

Teleconference: Thursday March 17th, 2011 at 17:30 hrs local time (UK: 15:30, EASTERN US: 10:30)

Annual briefing to analysts: Friday March 18th, 2011 (Company presentation at the Association of Greek Institutional Investors) 

Annual Ordinary General Meeting: Thursday May 26th, 2011

Year 2010 ex-dividend date: Monday May 30th, 2011 (that is, prior to June 17th, 2011 which signifies the expiration date for the Futures Contracts on the Company’s stock and on the FTSE/ATHEX 20 index, in which it is included).

Shareholders entitled to the year 2010 dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Wednesday June 1st, 2011 (record date).

First day of payment of the year 2010 dividend: Tuesday June 7th, 2011.

MAROUSSI, MARCH 2ND, 2011

THE BOARD OF DIRECTORS