HELLENIC PETROLEUM S.A. informs the investors that the Ordinary Annual General Meeting of the Shareholders of the Company on 17th of May 2007, approved the distribution of euro 0.43 as dividend per share for the financial year 2006. Due to the interim dividend of euro 0.15 per share already distributed, according to the decision of the Company's Board of Directors on 30th of August 2006, the remaining dividend for distribution is euro 0.28 per share. All registered Shareholders of HELLENIC PETROLEUM S.A. as of the Athens Exchange's trading session on May 18, 2007 are entitled to receive the above dividend (euro 0.28 per share). From May 21, 2007, which is the ex-dividend date, the shares of HELLENIC PETROLEUM S.A. will be trading without the right to receive the remaining dividend payment. The payment of the remaining dividend will commence on May 30, 2007. The above mentioned payment will take place through the branch network of National Bank (which is the payer bank). Shareholders will be able to receive the dividend through the National Bank within a period of five years, thus until May 30, 2012. The payment of the remaining dividend will be accomplished through the National Bank, as follows: 1. Through the authorised administrators of beneficiary shareholders via the Dematerialised Securities System (SAT), who have accepted the terms of the Annuity Dividend Distribution contract, between the National Bank of Greece and the authorized administrators for SAT. 2. Through the branch network of National Bank for those shareholders who have requested exemption from their authorized administrator for SAT. 3. Through the branch network of National Bank from June 6, 2007, for those shareholders who will not receive their dividend payment through the authorized administrators. The dividend payment for cases 2 and 3 requires the submission of the SAT codification number and the presentation of identification card. A third person will be able to receive the dividend only with the submission of an authorization letter, verified for signature's authenticity by a state authority, presenting the full details of the entitled shareholder as well as the authorized person. For additional information, Shareholders may address to the Shareholders' Service Department of HELLENIC PETROLEUM SA, 199 Kifissias Avenue, 151 24 Maroussi (tel. +30 210 876 7861-4, fax +30 210 876 7993).