HELLENIC PETROLEUM S.A. hereby announces that the Annual General Meeting of the Shareholders of the Company on 28.06.2012 approved the distribution of €0.45 per share as full dividend for the financial year 2011, which is subject to 25% withholding tax, according to the Law 3943/2011 and therefore the net final amount payable will be €0.3375 per share.

The Company's General Meeting decided that the shares will trade ex-dividend on 17.8.2012, and 21.08.2012 is defined as the date of determination of the dividend beneficiaries (record date). Dividend payments (deducting applicable taxes and charges in accordance with the tax law provisions) will start on 27.8.2012 through National Bank of Greece S.A. branch network.

Shareholders will be able to receive the dividend through National Bank of Greece S.A. within a period of five years, thus until 31.12.2017.

The payment of the dividend will be conducted through National Bank of Greece S.A., as follows:

1. Through the authorized administrators of beneficiary shareholders via the Dematerialised Securities System (SAT), who have accepted the terms of the Dividend Distribution Agreement, between the National Bank of Greece S.A. and the authorized SAT Administrators.

2. Through the branch network of National Bank of Greece S.A. for those shareholders who have requested exemption from their authorized SAT administrators.

3. Through the branch network of National Bank of Greece S.A. from 03.09.2012 for those shareholders who will not receive their dividend payment through the authorized administrators.

The dividend payment for cases 2 and 3 requires the submission of the SAT account number and the production of identification card. An authorized individual will be able to collect the dividend only with the submission of an authorization letter, verified for the authenticity of signature by a state authority, bearing the full details of the entitled shareholder as well as the authorized person.

For additional information, shareholders may refer to the Shareholders Service Department of HELLENIC PETROLEUM SA, 8A, Chimarras str.-Maroussi,
(tel. +302106302979, +302106302980, fax: +302106302986, +302106302987).