Sale of the remaining quantity of ordinary registered shares of HELLENIC PETROLEUM S.A.

(NON DEMATERIALIZED AND UNCERTIFICATED SHARES COMING FROM CORPORATE ACTS)

HELLENIC PETROLEUM S.A., following its announcement dated 27.5.2008 and based on the Decision no. 312/17.7.2008 of the Capital Market Committee's General Director, informs the investors that September 1st, 2008, is set as the commencement date for the sale of the remaining ordinary registered shares that were not sold in the period from 26.03.2008 to 26.05.2008.
 
It is noted that the number of the remaining ordinary registered shares (shares not deposited for de-materialization, as well as shares coming from corporate acts issued in uncertificated form for the beneficiaries of certificated registered shares), which were not sold during the aforementioned time period, amounts to 295,417 shares.
 
The sale will be carried out according to the procedure defined in the Decision no. 1/380/4.5.2006 of the Capital Market Committee’s Board of Directors and article 99Α of the Athens Stock Exchange Rulebook.
 
EFG Eurobank Securities S.A. has been designated as the competent member of the Athens Stock Exchange to carry out the sale of the specific shares.
 
The sale product will be announced to the Shareholders by the means provided for by article 18 of Law no. 3371/2005.
 
The net product of the sale, after deducting any kind of expenses and taxes, will be deposited for the benefit of share beneficiaries to the Deposits and Loans Fund.
 
For any further information, Shareholders may contact HELLENIC PETROLEUM S.A. Shareholders Department, 199 Kifisias Avenue, 151 24, Marousi (tel.  210 876 7862 to 876 7865, fax. 210 876 7993).