Payment of the Dividend Remainder for the Fiscal Year 2015

MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Meeting of Company shareholders dated June 8^th, 2016 approved the distribution of an aggregate dividend amount of Euro 0.65 per share for the fiscal year 2015. It is reminded that on December 14^th, 2015 the Company paid an interim dividend of Euro 0.15 per share as advance payment for the year 2015 dividend. As a result, the remainder amount of dividend payable for the year 2015is equal to Euro 0.50 per share. The dividend remainder amount is subject to a 10% tax withholding (that is Euro 0.05 per share),according to article 64 of the Law 4172/2013as currently in force following publication of the Law 4389/2016 (Government Gazette A’ 94/27.05.2016), thereby the net payable amount being Euro 0.45 per share. Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Tuesday June 28^th, 2016 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the remainder amount of dividend. As of Monday June 27^th, 2016 the shares will trade ex-dividend remainder for the year 2015.

 

The payment of the year 2015 dividend remainder to the shareholders will be effected through the payee bank BANK OF PIRAEUS S.A. on Monday July 4^th, 2016as follows:

 

1.      Through the Dematerialized Securities System (S.A.T) Operators (banks, securities firms) for those shareholders who have authorized their Operator for the dividend collection.

2.      Shareholders who have revoked the dividend collection authorization to theirS.A.T Operator or keep their shares in the special account of their Dematerialization Share Securities Account 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 Friday July 8^th, 2016.

 

For the cases 2 and 3 described above, shareholders can collect the dividend remainder in person or through their legally authorized representative until December 31^st, 2016 by presenting to the payee bank a copy of their S.A.T details and their Identification Card.

 

After December 31^st, 2016 the collection of the dividend remainder will be possible only from the Headquarters of the Company, Shareholders´ Department (12A IrodouAttikou 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, 21 June 2016

The Board of Directors