In reply to a letter (Ref. No. 4066/30.1.2007) from the Athens Stock Exchange and a letter (Ref. No. 445/30.1.2007) from the Hellenic Capital Market Commission regarding Lukoil, MOTOR OIL (HELLAS) S.A hereby announces that it is a firm policy of the Company to only proceed with official announcements to the investment community in cases in which a business event, as provided for by the Regulation of the Athens Exchanges and the requirements of the legal framework for the listed companies, must be disclosed.
The above had been stated and in a previous Company reply on September 6th, 2006.
MAROUSSI, JANUARY 31ST , 2007