Payment of the dividend remainder amount for the year 2009
MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Meeting of the Company shareholders of May 27th, 2010 approved the distribution of an aggregate dividend amount of Euro 0.70 per share for the fiscal year 2009. It is reminded that on December 15th, 2009 the Company paid an interim dividend of Euro 0.20 per share as advance payment for the year 2009 dividend. As a result, the remainder amount of dividend payable for the year 2009 equals Euro 0.50 per share. The dividend remainder amount is subject to a 10% tax (that is Euro 0.05 per share) imposed on dividends pursuant to article 18 of the Law 3697/2008 (Government Gazette A’ 194/25.9.2008). Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Wednesday June 2nd, 2010 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the remainder amount of dividend. As of Monday May 31st, 2010 the shares will trade ex-dividend remainder for the year 2009.
The payment of the dividend remainder for the year 2009 to the shareholders will be effected according to one of the following options through the payee bank BANK OF PIRAEUS S.A. on Tuesday June 8th, 2010:
1.Through the Dematerialized Securities System (S.A.T) Operators (banks, brokerage – securities firms) according to the payment procedure defined in section 4.1.3.4 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 Monday June 14th, 2010.
For the cases 2 and 3 described above, shareholders can collect the dividend remainder in person or through their legally authorized representative until December 31st, 2010 by presenting to the payee bank a copy of their S.A.T details and their Identification Card.
After December 31st, 2010 the collection of the dividend remainder 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 remainder 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 27th, 2010
THE BOARD OF DIRECTORS