It is hereby announced that on December 6^th, 2016, MOTOR OIL HOLDINGS LTD purchased 50,000 MOTOR OIL (HELLAS) S.A. shares of total value EURO 610,000.

MOTOR OIL HOLDINGS LTD is a related legal entity with Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis and Petros T. Tzannetakis who are, respectively, Chairman, Executive Vice-Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A.

All above individuals are obliged to acknowledge their stock exchange transactions on Company shares according to article 19 of the Regulation E.C. 596/2014 and article 13 of the Law 3340/2005.

Maroussi, December 6^th, 2016