It is hereby announced that on October 30^th, 2012, PIRAEUS SECURITIES S.A. sold 25,000 MOTOR OIL shares of total value EURO 173,800. 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 PIRAEUS SECURITIES S.A. is controlled by PIRAEUS BANK and that Mr. George P. Alexandridis participates in the Board of PIRAEUS BANK as an Independent Non-Executive member, at the same time participating in the Board of MOTOR OIL (HELLAS) S.A. as Non-Executive member.

Maroussi, October  31^st, 2012