MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the context of Law 3556/2007.

It is hereby announced that on August 27th, 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 689 Company shares of total value euro 8,943.22.