Announcement in the context of the Law 3556/2007

It is hereby announced that on January 31st, 2012, Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member (person obliged to acknowledge his Stock Exchange transactions on Company shares, according to article 13 of the Law 3340/2005) effected a transfer of 197,274 MOTOR OIL (HELLAS) S.A. shares from his personal dematerialized (S.A.T.) account to the dematerialized (S.A.T.) account of SOCIETE GENERALE, which acts as custodian.

Maroussi, February 3rd, 2012

Transactions after December 31, 2010 (Article 13  Law 3340/05)