It is hereby announced that on December 1^st 2016 DOSON INVESTMENTS COMPANY sold 200,000 MOTOR OIL (HELLAS) S.A. shares of total value EURO 2,404,000 through an Over-The-Counter (OTC) transaction.

DOSON INVESTMENTS COMPANY is a legal entity related with Mr. Nikos Th. Vardinoyannis, Non-Executive BoD Member of MOTOR OIL (HELLAS) S.A., who is obliged to acknowledge his 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 5^th 2016