It is hereby announced that on December 19^th 2012, PIRAEUS BANK S.A. sold 40,000 MOTOR OIL (HELLAS) S.A. shares of total value EURO 321,996.15. 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 20^th, 2012