Payment of dividend for the year 2010
MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Meeting of the Company shareholders of May 26th, 2011 approved the distribution of a dividend amount of Euro 0.25 per share for the fiscal year 2010. The dividend amount is subject to a 21% tax withholding (that is Euro 0.0525 per share) pursuant to article 14 of the Law 3943/2011 (Government Gazette A’ 66/31.3.2011). Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Wednesday June 1st, 2011 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the amount of dividend. As of Monday May 30th, 2011 the shares will trade ex-dividend for the year 2010.
The payment of the dividend for the year 2010 to the shareholders will be effected on Tuesday June 7th, 2011 through the payee bank BANK OF PIRAEUS S.A. according to one of the following options:
1.Through the Dematerialized Securities System (S.A.T.) Operators (banks, brokerage – securities firms) according to the payment procedure defined in section 5.5 of the Athens Exchange Regulation and in article 39 of the Codified Regulation of the Operation of S.A.T.
2.Shareholders who have revoked the dividend collection authorization to their S.A.T. Operators will be attended to at any branch of BANK OF PIRAEUS S.A.
3.Shareholders not credited by their S.A.T. Operators, for whatever reason, will be attended to at any branch of BANK OF PIRAEUS S.A. after Tuesday June 14th, 2011.
For the cases 2 and 3 described above, shareholders can collect the dividend in person or through their legally authorized representative until December 31st, 2011 by presenting to the payee bank a copy of their S.A.T. details and their Identification Card.
After December 31st, 2011 the collection of the dividend will be possible only from the Headquarters of the Company, Shareholders´ Department (12A Irodou Attikou str., 151 24 Maroussi tel. +30 210 8094 042).
The Company will be issuing the dividend collection certificates (for tax purposes) and to this end shareholders should contact the Shareholders´ Department (tel. +30 210 8094 042).
Dividends which will not be collected within 5 years are written off in favor of the Hellenic State.
MAROUSSI, MAY 26th, 2011
THE BOARD OF DIRECTORS