Announcement in the Context of the Law 3556/2007: Transaction Acknowledgment

It is hereby announced that on May 12th, 2014, MOTOR OIL HOLDINGS LTD purchased, through a block trade transaction, 90,000 MOTOR OIL (HELLAS) S.A. shares of total value EURO 804,600 from DOSON INVESTMENTS COMPANY.
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.

More specifically, the Board of Directors of MOTOR OIL HOLDINGS LTD consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis and Petros T. Tzannetakis who are, respectively, Chairman, Executive Vice-Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A., while DOSON INVESTMENTS COMPANY is closely associated with Mr. Nikos Th. Vardinoyannis, Non-Executive BoD Member of MOTOR OIL (HELLAS) S.A.

All above individuals are obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, May 14th, 2014

Transactions after December 31, 2012 (Article 13 Law 3340/05)