It is hereby announced that on October 24, 2008, the individuals listed hereunder (all obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005), purchased MOTOR OIL (HELLAS) S.A. shares as follows:
1) Mr. Demosthenes N. Vardinoyannis, Non-Executive BoD Member: 14,000 shares of total value euro 99,313.68.
2) Mr. Petros T. Tzannetakis, Deputy Managing Director - Chief Financial Officer and Executive BoD Member: 1,000 shares of total value euro 6,730.
3) Mr. Theodore Porfyris, Chief Accountant: 3,000 shares of total value euro 20,900.
4) Mr. Ioannis Dimakis, Corporate Announcements Officer: 3,000 shares of total value euro 20,880.
5) The spouse of Mr. Ioannis Dimakis, Corporate Announcements Officer: 1,250 shares of total value euro 8,675.