CIRCULAR

NEW PRICE CEILING FOR PETROLEUM PRODUTS

May 22, 2009

The Ministry of Commerce & Industry, in close consultation with the management of the Liberia Petroleum Refining Company (LPRC), announces the following price change for petroleum products.

The price ceiling in the price of diesel and kerosene will remain the same and a US30-cent per gallon increase in the price of gasoline, effective may 23, 2009.

                                          PMS         AGO         KEROSENE

Wholesale/Distributor    US$2.72     US$2.62    US$2.62

Retail                               US$2.90    US$2.80    US$2.80

Signed: __________________
            Hon. Miata Beysolow
            MINISTER
            COMMERCE & INDUSTRY

           __________________
           T. Nelson Williams, II
           ACTING MANAGING DIRECTOR, LPRC