MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the context of Law 3556/2007

It is hereby announced that on January 22nd, 2008, Mr. Demosthenes N. Vardinoyannis, non-executive BoD Member (person obliged to acknowledge his stock exchange transactions on the Company's shares, according to article 13 of Law 3340/2005), bought 2,000 Company shares of total value euro 26,069.