Payment of dividend for the year 2011
MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Meeting of the Company shareholders of June 28th, 2012 approved the distribution of a dividend amount of Euro 0.40 per share for the fiscal year 2011. The dividend amount is subject to a 25% tax withholding (that is Euro 0.10 per share) pursuant to article 14 of the Law 3943/2011 (Government Gazette A΄ 66/31.3.2011). Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Wednesday July 4th, 2012 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the amount of dividend. As of Monday July 2nd, 2012 the shares will trade ex-dividend for the year 2011.
The payment of the dividend for the year 2011 to the shareholders will be effected on Tuesday July 10th, 2012 through the payee bank BANK OF PIRAEUS S.A. according to one of the following options:
1. Through the Dematerialized Securities System (S.A.T.) Operators (banks, brokerage – securities firms) according to the payment procedure defined in section 5.5 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. from Monday July 16th, 2012.
For the cases 2 and 3 described above, shareholders can collect the dividend in person or through their legally authorized representative until December 31st, 2012 by presenting to the payee bank a copy of their S.A.T details and their Identification Card.
After December 31st, 2012 the collection of the dividend will be possible only from the Headquarters of the Company, Shareholders´ Department (12A Irodou Attikou str., 151 24 Maroussi tel. +30 210 8094 042).
Dividends which will not be collected within 5 years are written off in favor of the Hellenic State.
MAROUSSI, JUNE 28th, 2012
THE BOARD OF DIRECTORS