Sale of common registered shares of HELLENIC PETROLEUM SA

HELLENIC PETROLEUM SA hereby informs investors that the Capital Market Commission Board of Directors, by means of decision No. 1/458/13.12.2007, approved the authorization for the sale of 338,417 common registered shares, which have not been deposited for dematerialisation, and of shares resulting from corporate acts and issued in paperless form to the beneficiaries of certificated registered shares of HELLENIC PETROLEUM SA.
 
The sale will be performed according to the procedure specified in Decision 1/380/4.5.2006 of the Capital Market Commission Board of Directors and article 99A of the Athens Exchange Regulation.
 
EFG Eurobank Securities was designated the competent Athens Exchange member to perform the sale of the shares; the commencement date for the sale of shares will be Thursday, 20 December 2007.  The results of the sale will be announced to Shareholders using the means provided by article 18 of Law 3371/2005.
 
The net proceeds from the sale, after deduction of all manner of expenses and taxes, will be deposited to the benefit of beneficiary shareholders in the Loans and Deposits Fund.
 
For more information, Shareholders can contact the Registry Department of HELLENIC PETROLEUM SA, 199 Kifissias Ave., 151 24, Marousi (tel. 210 876 7862 to 876 7865, fax. 210 876 7993).