Announcement in the Context of Law 3556/2007: Transaction Acknowledgment
It is hereby announced that on June 18th, 2012, MOTOR OIL HOLDINGS S.A. sold through an Over-The-Counter (OTC) transaction 320,000 MOTOR OIL (HELLAS) S.A. shares of total value EURO 1,440,000 to 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 S.A. 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, June 19th, 2012
Transactions after December 31, 2010 (Article 13 Law 3340/05)