Update of the Year 2018 Financial Calendar

With reference to its previous announcement dated November 12^th, 2018 MOTOR OIL (HELLAS) S.A. hereby announces the ex-date, record date and payment commencement date of the year 2018 interim dividend amount of Euro 0.35 per share. The above amount is subject to a 15% tax imposed on dividends pursuant to paragraph 11 of article 112 of the Law 4387/2016 (Government Gazette A’ 85/12.05.2016) as amended with the Law 4389/2016 (Government Gazette A’ 94/27.05.2016).

Year 2018 ex-interim dividend date: Monday December 10^th, 2018 (that is, prior to December 21^st, 2018 which signifies the expiration date for the Futures Contracts on the Company´ s stock and on the FTSE/ATHEX LARGE CAP index, in which it is included).

Shareholders entitled to the year 2018 interim dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T) dated Tuesday December 11^th, 2018 (record date).

First day of payment of the year 2018 interim dividend: Monday December 17^th, 2018.

Maroussi, November 20^th, 2018

The Board of Directors