United Refining Company Announces Note Exchange Offer



    WARREN, PA, Sept. 19 /CNW/ - United Refining Company today announced that
it has commenced an offer to exchange up to $125 million in aggregate
principal amount of its 101/2% Senior Notes due 2012, which have been
registered under the Securities Act of 1933, as amended, for a like amount of
its outstanding unregistered 101/2% Senior Notes due 2012. The unregistered
notes were issued in a private placement in May 2007. The exchange offer will
expire on October 19, 2007 at 5 p.m., New York City time. The exchange agent
is:

    
    The Bank of New York Mellon Corporation
    Corporate Trust Operations
    Reorganization Unit
    101 Barclay Street -- Floor 7E
    New York, NY 10286
    Attention: Mr. Randolph Holder
    

    United operates a 70,000 bpd refinery in Warren, Pennsylvania. In
addition to its wholesale markets, the Company also operates 371 Kwik
Fill(R)/Red Apple(R) and Country Fair(R) retail gasoline and convenience
stores located primarily in western New York and western Pennsylvania.
    Certain statements contained in this release are forward looking, such as
statements regarding the Company's plans and strategies or future financial
performance. Although the Company believes that its expectations are based on
reasonable assumptions within the bounds of its knowledge, investors and
prospective investors are cautioned that such statements are only projections
and that actual events or results may differ materially from those expressed
in any such forward-looking statements. In addition, the Company's actual
consolidated quarterly or annual operating results have been affected in the
past, or could be affected in the future, by additional factors, including,
without limitation, general economic, business and market conditions;
environmental, tax and tobacco legislation or regulation; volatility of
gasoline prices, margins and supplies; merchandising margins; customer
traffic, weather conditions; labor costs and the level of capital
expenditures.





For further information:

For further information: James E. Murphy, Chief Financial Officer of
United Refining Company, (814) 723-1500

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United Refining Company

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