Sale of the remaining common nominal shares in HELLENIC PETROLEUM S.A.

(SHARES NOT DEPOSITED FOR DEMATERIALIZATION AND SHARES ORIGINATING FROM COMPANY ACTS)

HELLENIC PETROLEUM S.A., following its announcement dated 21/2/2008 and pursuant to Decision 116/18.3.2008 taken by the Capital Market Committee's Chairman, informs the investment community that the starting date of 26 March 2008 has been selected for the sale of the remaining common nominal shares not sold during the period from 20/12/2007 to 19/2/2008.
 
It is noted that the number of remaining common nominal shares (shares not deposited for dematerialization, as well as shares originating from company acts and issued in an intangible form in favour of the beneficiaries of tangible nominal shares), which were not sold during the above-mentioned period, amounts to 304,917 shares.
 
The sale shall be carried out according to the procedure laid down by Decision 1/380/4.5.2006 passed by the Capital Market Committee's Board of Directors and article 99a of the Athens Stock Exchange Regulations.
 
Eurobank EFG ASSET MANAGEMENT Α.Ε.Π.Ε.Υ. has been appointed as the competent member of the Athens Stock Exchange to carry out the sale of these shares.
 
The results of the sale shall be announced to shareholders by the means provided for by article 18 of law 3371/2005.
 
The net revenue from the sale, following the deduction of any costs and taxes, shall be deposited in favour of the beneficiaries at the Deposits and Loans Fund.
 
For further information, shareholders may contact the Share Register Department of Hellenic Petroleum S.A., 199, Kifissias Avenue 151 24, Maroussi (tel. 210 876 7862 to 876 7865, fax 210 876 7993).