Delek US Holdings Declares Special Cash Dividend of $0.10 per Share and Announces New Share Repurchase Plan

  Delek US Holdings Declares Special Cash Dividend of $0.10 per Share and
  Announces New Share Repurchase Plan

Business Wire

BRENTWOOD, Tenn. -- March 13, 2014

Delek US Holdings, Inc. (NYSE: DK), a diversified energy company with assets
in the petroleum refining, logistics and retail industries, today announced
that its Board of Directors declared a special cash dividend of $0.10 per
share. Shareholders of record at the close of business on April 3, 2014 will
receive the special cash dividend payable on April 24, 2014.

In addition, Delek US announced that its Board of Directors has authorized a
$50 million common stock repurchase program. These shares may be repurchased
from time to time in open market or privately negotiated transactions, subject
to market conditions and other factors. This repurchase authorization will
expire on December 31, 2014. The prior 2013 authorization had expired on
December 31, 2013.

“We are pleased to announce our ninth special dividend since the beginning of
2012 and a new share repurchase plan,” remarked Uzi Yemin, Chairman, President
and Chief Executive Officer of Delek US Holdings. “We ended 2013 in a strong
financial position and we continue to have the flexibility to invest in our
business, while maintaining our commitment to return value to our
shareholders.”

About Delek US Holdings

Delek US Holdings, Inc. is a diversified downstream energy company with assets
in petroleum refining, logistics and convenience store retailing. The refining
segment consists of refineries operated in Tyler, Texas and El Dorado,
Arkansas with a combined nameplate production capacity of 140,000 barrels per
day. Delek US Holdings, Inc. and its affiliates also own approximately 62
percent (including the 2 percent general partner interest) of Delek Logistics
Partners, LP. Delek Logistics Partners, LP (NYSE: DKL) is a growth-oriented
master limited partnership focused on owning and operating midstream energy
infrastructure assets. The retail segment markets motor fuel and convenience
merchandise through a network of approximately 361 company-operated
convenience store locations operated under the MAPCO Express®, MAPCO Mart®,
East Coast®, Fast Food and Fuel™, Favorite Markets®, Delta Express® and
Discount Food Mart™ brand names.

Safe Harbor Provisions Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based upon
current expectations and involve a number of risks and uncertainties.
Statements concerning current estimates, expectations and projections about
future results, performance, prospects and opportunities and other statements,
concerns, or matters that are not historical facts are “forward-looking
statements,” as that term is defined under the federal securities laws.

Investors are cautioned that the following important factors, among others,
may affect these forward-looking statements. These factors include but are not
limited to: risks and uncertainties with respect to the quantities and costs
of crude oil we are able to obtain and the price of the refined petroleum
products we ultimately sell; losses from derivative instruments; management's
ability to execute its strategy of growth through acquisitions and the
transactional risks associated with acquisitions; our competitive position and
the effects of competition; the projected growth of the industries in which we
operate; changes in the scope, costs, and/or timing of capital and maintenance
projects; general economic and business conditions, particularly levels of
spending relating to travel and tourism or conditions affecting the
southeastern United States; and other risks contained in our filings with the
United States Securities and Exchange Commission.

Forward-looking statements should not be read as a guarantee of future
performance or results and will not be accurate indications of the times at,
or by which such performance or results will be achieved. Forward-looking
information is based on information available at the time and/or management's
good faith belief with respect to future events, and is subject to risks and
uncertainties that could cause actual performance or results to differ
materially from those expressed in the statements. Delek US undertakes no
obligation to update or revise any such forward-looking statements.

Contact:

Delek US Holdings, Inc.
Keith Johnson, 615-435-1366
Vice President of Investor Relations
or
Alpha IR Group
Chris Hodges, 312-445-2870
Founder & CEO
 
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