Announcement in the context of PD 51/1992

According to the article 281 paragraphs 3 and 4 of the Regulation of the Athens Exchange, MOTOR OIL (HELLAS) S.A announces that its shareholder under the legal name Motor Oil Holdings S.A sold the aggregate of its stake in the Company totaling 18,173,690 shares on the business day of September 16th, 2005. Consequently, the participation percentage of Motor Oil Holdings S.A in the share capital of MOTOR OIL (HELLAS) S.A decreased from 16.4% to 0%.