Western Refining Declares First Quarter Dividend of $0.26 Per Share

Western Refining Declares First Quarter Dividend of $0.26 Per Share

Announces Additional $200 Million Stock Repurchase Program

EL PASO, Texas, Jan. 28, 2014 (GLOBE NEWSWIRE) -- Western Refining, Inc.
(NYSE:WNR) announced today that its Board of Directors has approved a cash
dividend of $0.26 per share of common stock for the first quarter of 2014, a
$0.04 per share increase versus the fourth quarter 2013 dividend. The dividend
will be paid on February 27, 2014, to shareholders of record at the close of
market on February 12, 2014.

Western's Board of Directors also authorized an additional $200 million for
use in the Company's share repurchase program. This amount is in addition to
approximately $65 million remaining at the end of December 2013 from a prior
authorization. With this new authorization, the Company will have
approximately $265 million available for share repurchases. 

Jeff Stevens, Western's President and Chief Executive Officer, commented,
"From January 2012 through December 2013, Western has returned approximately
$628 million to its shareholders through dividends and share repurchases.This
is the fourth dividend increase in the last five quarters for Western. This
increase combined with the additional share repurchase authorization
demonstrates our Board's continued commitment to delivering value to our

About Western Refining

Western Refining, Inc. is an independent refining and marketing company
headquartered in El Paso, Texas. The refining segment operates refineries in
El Paso, and Gallup, New Mexico. The Wholesale segment includes a fleet of
crude oil and finished product truck transports, and wholesale petroleum
products operations in Arizona, California, Colorado, Georgia, Maryland,
Nevada, New Mexico, Texas, and Virginia. The retail segment includes retail
service stations and convenience stores in Arizona, Colorado, New Mexico, and

Western Refining, Inc. owns the general partner and approximately 65% of the
limited partnership interest of Western Refining Logistics, LP
(NYSE:WNRL).Western Refining, Inc. also owns the general partner and
approximately 39% of the limited partnership interest in Northern Tier Energy

More information about Western Refining is available at www.wnr.com.

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements which are protected as
forward looking statements under the Private Litigation Securities Reform Act
of 1995. The forward-looking statements contained herein include statements
about possible repurchases of shares under the share repurchase program and
future cash dividends. These statements are subject to the general risks
inherent in the Company's business and its expectations may or may not be
realized. Some of the Company's expectations may be based upon assumptions or
judgments that prove to be incorrect. In addition, the Company's business and
operations involve numerous risks and uncertainties, many of which are beyond
its control, that could materially affect the Company's financial condition,
results of operations and cash flows. Additional information relating to the
uncertainties affecting the Company's business is contained in its filings
with the Securities and Exchange Commission to which you are referred. The
forward-looking statements are only as of the date made, and the Company does
not undertake any obligation to (and expressly disclaims any obligation to)
update any forward looking statements to reflect events or circumstances after
the date such statements were made, or to reflect the occurrence of
unanticipated events.

CONTACT: Investor and Analyst Contact:
         Jeffrey S. Beyersdorfer
         (602) 286-1530
         Media Contact:
         Gary Hanson
         (602) 286-1777

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