MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the context of Law 3556/2007.

It is hereby announced that on August 22nd, 2008, Mr. Ioannis N. Kosmadakis, Deputy Managing Director - Marketing General Manager and 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 3,000 Company shares of total value euro 38,989.96.