It is hereby announced that on January 12^th, 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), bought 10,000 MOTOR OIL (HELLAS) S.A. shares of total value  EURO 51,553 through SOCIETE GENERALE, that acted as custodian.

Maroussi, January 16^th, 2012