MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the Context of Law 3556/2007.

It is hereby announced that on August 21st 2008, the individuals listed hereunder (both obliged to acknowledge their stock exchange transactions on the Company's shares according to article 13 of Law 3340/2005), purchased Company shares as follows:
a) Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member - 1,993 shares of total value euro 25,470.54.
b) The spouse of Mr. Ioannis Dimakis, Corporate Announcements Officer - 700 shares of total value euro 8,946.