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Petroplus Provides Update Regarding the Petit Couronne, Antwerp and Cressier Refineries
Petroplus Holdings AG (SIX: PPHN) today announced that it will initiate a sales process for the Petit Couronne refinery and related marketing business, after an information and consultation process with the Works Councils. During this period, all other possible options will be considered.

Petroplus Announces Progress Regarding Its Revolving Credit Facility Negotiations
Petroplus Holdings AG (SIX: PPHN) today announced that it has reached a temporary agreement with its lenders under the Revolving Credit Facility (“the RCF”). This agreement is designed to provide the financial resources necessary to meet critical expenses, to maintain safe ongoing operations at the Coryton and Ingolstadt refineries, and to allow the company and its lenders to negotiate an amendment to the RCF which is expected to be completed in the second half of January 2012. The Company also announced that it is in negotiations with a third party for the supply of crude and feedstock for the Coryton and Ingolstadt refineries.

Petroplus Provides Further Update Regarding Its Revolving Credit Facility Negotiations
Petroplus Holdings AG (SIX: PPHN) today announced that it is continuing negotiations and discussions and will hold another meeting in the coming days with its lenders
under the Revolving Credit Facility with the aim to secure necessary funding and liquidity arrangements to enable the Company to meet its current and future financial obligations.

Petroplus Provides Update Regarding Its Revolving Credit Facility and Operations of the Petit Couronne, Antwerp and Cressier Ref
Petroplus Holdings AG (SIX: PPHN) today announced that Petroplus held meetings with all lenders under the Revolving Credit Facility yesterday in Zurich. The discussions were open and constructive. Additional discussions between the lenders and the Company’s management will continue over the comings days in an effort to restore availability of credit facilities that ensure proper operations of its refineries.

Petroplus Comments on Its Revolving Credit Facility
Petroplus Holdings AG (SIX: PPHN) today announced that approximately $1 billion in uncommitted lines under its Revolving Credit Facility have been frozen by the lenders under that facility. These lines are critical to allow the company's operating units to meet their obligations when due. The company intends to continue negotiations with the banks for a prompt restoration of the credit lines, and is evaluating additional strategic options to maintain operations in its European refining and marketing system.

Petroplus Comments on Operations of the Coryton Refinery
Petroplus Holdings AG (SIX: PPHN) today announced that its Coryton refinery recently experienced a problem that caused fouling at its FCC wet gas compressor. Repairs have been completed, and the refinery will return to normal operations in the coming days.

Petroplus Considers Reconfiguration of The Petit Couronne Refinery
Petroplus Holdings AG (SIX: PPHN) today announced that it intends to suspend next year’s turnaround of the base oil complex at the Petit Couronne Refinery in France, and is considering a reconfiguration of the refinery which would include a shutdown of the base oil complex.

Petroplus To Commence Conversion Of The Reichstett Refinery To A Terminal
Petroplus Holdings AG (SIX: PPHN) today announced the conclusion of the formal information and consultation process with the Reichstett Refinery Works Council to propose terms to cease refining operations and convert the site to a terminal. Following the end of this process, the Company has decided to discontinue refining operations and convert the site to a terminal. Petroplus has agreed with the Works Council to put a job protection plan in place to mitigate the effects of this decision through measures such as offering alternative job opportunities within the Company, assistance in finding new employment, early retirements, and severance packages.

Petroplus Comments On Operations Of The Cressier Refinery
Petroplus Holdings AG (SIX: PPHN) today announced that it has started a safe shutdown of its Cressier refinery due to the labor strike at the port in Fos Sur Mer, France, which is disrupting the supply of crude to the refinery. The restart of the refinery is dependent on the outcome of the strike. Petroplus is taking steps to continue to supply oil products to its customers.

Petroplus Provides Update On Strategic Review Of The Reichstett Refinery
Petroplus Holdings AG (SIX: PPHN) today announced an update on the strategic review of its Reichstett refinery in France that was launched in April to evaluate alternatives for the site. The company has considered several possibilities, including a potential sale, further investments to improve its competitiveness, as well as a shutdown of refining operations and conversion to a terminal.