Illuminated oil refineries at night

Transaction notifications

31 Mar 2011

Signing of EURO 50 million common Bond Loan Agreement

It is announced by the Company that the agreement for the issuance of a common Bond Loan for the amount of EURO 50 million was signed on March 31st, 2011. The purpose for the issuance of this loan is the restructuring of part of the existing short term bank liabilities of the Company by turning them to long term. The decision for the issuance of the loan was approved by the Extraordinary General Meeting of March 14th, 2011 (first item on the agenda). The Arranger of the loan is ALPHA BANK.

Maroussi, March 31st, 2011

The Board of Directors