Illuminated oil refineries at night

Transaction notifications

30 Jun 2010

Acquisition by “MOTOR OIL (HELLAS) S.A.” of SHELL Group activities in the Greek market

Following earlier announcements of 24/9/2009 and 14/6/2010, “MOTOR OIL (HELLAS) S.A.” hereby acknowledges the completion of the transaction for the acquisition of the activities of SHELL Group in Greece.

More specifically, “MOTOR OIL (HELLAS) S.A.” acquired from “SHELL OVERSEAS HOLDINGS LTD” 100% of the shares of “SHELL HELLAS S.A.” for a cost of Euro 73 million and from “SHELL GAS (LPG) HOLDINGS BV” 100% of the shares of “SHELL GAS A.E.B.E. YGRAERION” for a cost of Euro 29.6 million.

The difference from the agreed total value of Euro 245.6 million concerns refinancing of debt of the acquired companies.

The above figures are subject to the final settlement following an audit by certified accountants.

It has been agreed, through a trademark licensing agreement, to retain the SHELL brand at the retail network, the products, and the services of SHELL for a minimum period of 5 years.

Maroussi, 30th June 2010

The Board of Directors