Announcement in the context of the Law 3556/2007

It is hereby announced that on January 12th, 2012, Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member (person obliged to acknowledge his Stock Exchange transactions on Company shares, according to article 13 of the Law 3340/2005), bought 10,000 MOTOR OIL (HELLAS) S.A. shares of total value  EURO 51,553 through SOCIETE GENERALE, that acted as custodian.

Maroussi, January 16th, 2012

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