Illuminated oil refineries at night

Transaction notifications

18 May 2012

Announcement in the context of the Law 3556/2007: Transaction Acknowledgment

It is hereby announced that on May 17th, 2012, MOTOR OIL HOLDINGS S.A. purchased 3,037 MOTOR OIL (HELLAS) S.A. shares of total value EURO 15,173.98.

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, Executive 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 the Law 3340/2005.

Maroussi, May 18th, 2012

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