Regulated Information: Announcement of Business Developments

MOTOR OIL (HELLAS) S.A. hereby announces the agreement for the sale of the 50% stake it holds in the M and M NATURAL GAS Co S.A. to the MYTILINEOS S.A. GROUP OF COMPANIES which, as a result, will become the sole shareholder of the company mentioned above. The agreement is subject to the approval by the Regulatory Authority for Energy.

Furthermore MOTOR OIL (HELLAS) S.A. hereby announces the completion of the sale of the 50% stake it held in NUR-MOH HELIOTHERMAL ENERGY S.A. to NUR ENERGIE LTD which, as a result, became the sole shareholder of the company mentioned above.

The above movements form part of the strategy of MOTOR OIL (HELLAS) S.A. Group for the optimisation of its activities.

Maroussi, 12 October 2018