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Northern Tier Energy LP Declares Fourth Quarter 2012 Distribution Of $1.27 Per Unit



Northern Tier Energy LP Declares Fourth Quarter 2012 Distribution Of $1.27 Per
                                     Unit

PR Newswire

RIDGEFIELD, Conn., Feb. 11, 2013

RIDGEFIELD, Conn., Feb. 11, 2013 /PRNewswire/ -- Northern Tier Energy LP
(NYSE: NTI), a Delaware limited partnership ("Northern Tier Energy"),
announced today the declaration of a cash distribution of $1.27 per common
unit for the fourth quarter of 2012.  The distribution will be paid on
February 28, 2013 to holders of record as of February 21, 2013.

This will be the second cash distribution paid by Northern Tier Energy since
its initial public offering in July 2012 and will result in cumulative cash
distributions since the initial public offering of $2.75 per common unit.
 Northern Tier Energy LP is a variable distribution master limited
partnership.  As a result, its quarterly distributions, if any, will vary from
quarter to quarter as a result of variations in, among other factors, (i) its
operating performance, (ii) cash flows caused by fluctuations in the prices it
pays for crude oil and other feedstocks and the prices it receives for
finished products, (iii) working capital fluctuations, (iv) capital
expenditures and (v) cash reserves deemed necessary or appropriate by the
board of directors of its general partner.

Northern Tier Energy's practice is to make distributions within sixty days
after the end of each quarter.  As such, the fourth quarter distribution is
being declared in advance of releasing its fourth quarter financial results. 
The Northern Tier Energy conference call to discuss financial results for the
fourth quarter and full year ending December 31, 2012 is scheduled for
Thursday, March 14, 2013 at 11:00 a.m. EDT.  Callers may listen to the live
presentation, which will be followed by a question and answer segment, by
dialing 800-510-0146 or 617-614-3449 and the passcode 24438968.  An audio
webcast of the call will be available at www.ntenergy.com within the Investor
portion of the site under the Calendar of Events section. This audio webcast
will be available on the website for fourteen days after the conference call. 
A replay will also be available by teleconference for seven days from the
conference call.  The replay teleconference will be available by dialing
888-286-8010 or 617-801-6888 and the passcode 66526544.

This release serves as a qualified notice to nominees and brokers as provided
for under Treasury Regulation Section 1.1446-4(b). Please note that 100
percent of Northern Tier Energy LP's distributions to foreign investors are
attributable to income that is effectively connected with a United States
trade or business. Accordingly, Northern Tier Energy LP's distributions to
foreign investors are subject to federal income tax withholding at the highest
effective tax rate.

About Northern Tier Energy

Northern Tier Energy is an independent downstream energy company headquartered
in Ridgefield, CT with refining, retail, and pipeline operations serving the
PADD II region of the United States. Northern Tier Energy was established to
own and operate the St. Paul Park Refinery as well as a retail network of
SuperAmerica brand convenience stores and a 17% equity interest in the
Minnesota Pipe Line.

Forward-Looking Statements

This press release contains certain "forward-looking statements" which reflect
Northern Tier Energy's views and assumptions on the date of this press release
regarding future events. They involve known and unknown risks, uncertainties
and other factors, many of which may be beyond its control, that may cause
actual results to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking statements. All
forward-looking statements speak only as of the date hereof.  Northern Tier
Energy undertakes no obligation to update or revise publicly any such
forward-looking statements. Northern Tier Energy cautions you not to place
undue reliance on these forward-looking statements. Please refer to Northern
Tier Energy's filings with the SEC for more detailed information regarding
these risks, uncertainties and assumptions.

SOURCE Northern Tier Energy LP

Website: http://www.ntenergy.com
Contact: Maria Testani, +1-203-244-6550, maria.testani@ntenergy.com
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