It is hereby announced that on January 31^st, 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) effected a transfer of 197,274 MOTOR OIL (HELLAS) S.A. shares from his personal dematerialized (S.A.T.) account to the dematerialized (S.A.T.) account of SOCIETE GENERALE, which acts as custodian.

Maroussi, February 3^rd, 2012