In the context of its obligations according to the Regulation of Athens Exchanges, MOTOR OIL (HELLAS) S.A hereby announces its Intended Corporate Actions Program for the year 2006 which is as follows:

Publication of 2005 full year financial results: Tuesday February 28th, 2006.
Teleconference: Tuesday February 28th, 2006 at 17.30 hrs local time (UK:
15.30, EASTERN US: 10.30) Annual briefing to analysts: Wednesday March 8th, 2006 (Company presentation at the Association of Greek Institutional Investors).
Annual Ordinary General Meeting: Tuesday May 30th, 2006.
Ex-dividend remainder of the year 2005 date: Thursday June 1st, 2006 (that is, prior to June 16th, 2006 which signifies the expiration date for the Futures Contracts on the FTSE/ATHEX 20 index in which the Company's stock is included).

First day and method of payment of dividend remainder of year 2005: Friday June 9th, 2006 through a credit institution.