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Announcement in the Context of Law 3556/2007

It is hereby announced that on October 10, 2008, MOTOR OIL HOLDINGS S.A. purchased 19,650 MOTOR OIL shares of total value  € 171,728. The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of MOTOR OIL HOLDINGS S.A. consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, and Petros T. Tzannetakis. 

The above individuals are, respectively, Chairman, Vice-Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A. and, therefore, obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, October 13, 2008

 

 

 

 

Announcement in the Context of Law 3556/2007

It is hereby announced that on October 8, 2008, MOTOR OIL HOLDINGS S.A. purchased 3,269 MOTOR OIL shares of total value  € 27,388.84. The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of MOTOR OIL HOLDINGS S.A. consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, and Petros T. Tzannetakis. 

In addition, on the same date as above, Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member, bought 5,000 Company shares of total value  € 43,740. 

All the above individuals are obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, October 9, 2008

 

 

 

Announcement in the Context of Law 3556/2007

It is hereby announced that on October 7, 2008, MOTOR OIL HOLDINGS S.A. purchased 16,403 MOTOR OIL shares of total value  €147,938.94. The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of MOTOR OIL HOLDINGS S.A. consists of Messrs Vardis J. Vardinoyannis, John V. Vardinoyannis, and Petros T. Tzannetakis.

In addition, on the same date as above, Mr. Ioannis N. Kosmadakis, Deputy Managing Director – Marketing General Manager and Executive BoD Member, bought 10,000 Company shares of total value  € 90,602.64.

All the above individuals are obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, October 8, 2008

Reply to the Athens Exchanges Letter

In reply to an Athens Exchanges letter dated October 3rd, 2008 (Ref. No 36953) concerning press releases regarding the Company’s possible business partnership in the power generation sector, MOTOR OIL (HELLAS) S.A., hereby acknowledges the following: 

On June 20th, 2008 the Company announced that it entered into an agreement to repurchase from IBERDROLA S.A. the total stake of the latter in the share capital of KORINTHOS POWER S.A. The only pending issue for the conclusion of the transaction is the delivery of the share titles on the part of the selling shareholder and the payment on behalf of MOTOR OIL (HELLAS) S.A.   

In anticipation of the above change in the shareholder structure of KORINTHOS POWER S.A., MOTOR OIL (HELLAS) S.A. is examining the possibility of finding a strategic partner. Within this context a series of discussions have been conducted, among others, with the Mytilyneos Group. 

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 Exchange and the requirements of the legal framework for the listed companies, must be disclosed.

 

Maroussi, October 6th, 2008.

 

Appointment of new Board member

According to article 2 of the Decision 3/347/12.7.2005 of the Hellenic Capital Markets Commission it is hereby announced that the Board of Directors of the Company during its meeting dated October 1st appointed Mrs. Maria – Eleni L. Theodoroulakis as non executive member in the place of the late George Th. Theodoroulakis.

Maroussi, October 1st, 2008.

Announcement in the Context of Law 3556/2007

It is hereby announced that on September 30th, 2008, Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member (person obliged to acknowledge his Stock Exchange transactions on Company shares, according to article 13 of Law 3340/2005), bought 8,114 Company shares of total value  €85,166.84.

Maroussi, October 1, 2008

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