Motiva Enterprises LLC and The Wills Group Announce Agreement on Service Stations

HOUSTON, June 16 -- As part of its ongoing portfolio management process, Motiva Enterprises LLC announced today that it would transfer 55 active service stations and one surplus property, as well as its interest in supply agreements with certain Texaco and Shell-branded retailers, to The Wills Group, Inc. These assets are located in Virginia in the Richmond and Tidewater markets.

The Wills Group's subsidiary, Southern Maryland Oil Company (SMO), has been a Texaco/Shell branded wholesaler for over 75 years. SMO currently has over 200 retail sites, located primarily in Maryland and Delaware.

Russell Caplan, Vice President of Motiva, stated, "Motiva believes this agreement offers the best potential to grow the Shell brand in this marketplace. The Wills Group is a premier marketer and we look forward to our continued relationship with them."

"We are excited to enter into the Virginia markets as a Shell marketer," said J. B. (Lock) Wills, President of The Wills Group. "We're pleased to have this opportunity to substantially grow our business. This acquisition will greatly enhance our gasoline and our Dash In Food Stores convenience franchise businesses. SMO is a dealer-focused organization and we look forward to working with the quality retailers in this market."

Headquartered in Houston, TX, Motiva Enterprises LLC, is a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. Motiva's marketing operations support a network of nearly 11,000 Shell- and Texaco-branded gasoline stations in the Eastern and Southern United States. In addition to the Delaware City Refinery, Company assets include three other refineries located in Norco, LA; Convent, LA and Port Arthur, TX, capable of refining approximately 705,000 barrels per day (bpd), and ownership or partial interests in 47 product terminals.

Headquartered in LaPlata, MD, The Wills Group, Inc. (TWGI) is a privately held parent corporation for SMO Motor Fuels (Southern Maryland Oil) and Dash In Food Stores. TWGI is a marketing organization that supports over 200 retail petroleum operations and convenience stores.