Announcement in the context of the Law 3556/2007

It is hereby announced that on January 13th, 2012, MOTOR OIL HOLDINGS S.A. purchased 2,000 MOTOR OIL (HELLAS) S.A. shares of total value EUR 10,150.

The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of MOTOR OIL HOLDINGS S.A. consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, and Petros T. Tzannetakis.

The above individuals are, respectively, Chairman, Executive Vice-Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A. and, therefore, obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of the Law 3340/2005.

Maroussi, January 16th, 2012

Transactions after December 31, 2010 (Article 13  Law 3340/05)