MOTOR OIL (HELLAS) CORINTH REFINERIES SA

Announcement in the context of the Law 3556/2007 - Transaction Acknowledgment

It is hereby announced that on December 5th 2012, PIRAEUS BANK S.A. sold 9,129 MOTOR OIL (HELLAS) S.A. shares of total value EURO 72,306.83. This announcement is made in the context of article 6, paragraph 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, considering that Mr. George P. Alexandridis participates in the Board of PIRAEUS BANK S.A. as an Independent Non-Executive Member and, at the same time, in the Board of MOTOR OIL (HELLAS) S.A. as Non-Executive Member.

Maroussi, December 6th, 2012