MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the Context of Law 3556/2007.

It is hereby announced that on September 5th 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: 3,000 shares of total value 37,500 euros.
b) Mr. Theodore Porfyris, Chief Accountant: 1,000 shares of total value 12,500 euros.