The company "Hellenic Petroleum SA" informs investors that the ordinary General Meeting of Shareholders held on 14.5.2008 on majority (99.97% of present share capital), has established and approved: a) the appointment of the following seven (7) BoD members by the shareholder Greek State, as its representatives, i.e. Messrs Efthimios Christodoulou, Ioannis Kostopoulos, Nikolaos Lerios, Elisavet-Aggelika Loverdou, Vassileios Bagiokos, Panagiotis Pavlopoulos and Marios Tsakas, b) the appointment of the following two (2) BoD members by the shareholder PANEUROPEAN OIL AND INDUSTRIAL HOLDINGS S.A. as its representatives, i.e. Messrs Theodoros - Achilleas Vardas and Georgios Kallimopoulos, c) the election of the following two (2) BoD members by employees, as their representatives, i.e. Messrs Alexios Athanasopoulos and Panagiotis Ofthalmidis and d) the election of the following two (2) BoD members by the Special Meeting of Shareholders on minority, dated 14.5.2008, i.e. Messrs Iasonas Stratos and Dimitrios Miliakos, for a five year term of office, pursuant to article 20 of the Company's Articles of Association, i.e. until 14.5.2013.

Therefore, the Board of Directors, in its session No 1124 held on 14.5.2008, decided on its composition as follows:

1. Efthimios Christodoulou, BoD Chairman - Executive Director

2. Ioannis Kostopoulos, Managing Director - Executive Director

3. Theodoros Vardas, Executive Director

4. Nikolaos Lerios, Executive Director

5. Alexios Athanasopoulos, Non-Executive Director

6. Georgios Kallimopoulos, Non-Executive Director

7. Elisavet Loverdou, Non-Executive Director

8. Dimitrios Miliakos, Non-Executive Director

9. Vasileios Bagiokos, Non-Executive Director

10. Panagiotis Ofthalmidis, Non-Executive Director

11. Panagiotis Pavlopoulos, Non-Executive Director

12. Iason Stratos, Non-Executive Director

13. Marios Tsakas, Non-Executive Director