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Ontario supply situation improves

Calgary, AB, March 7, 2007
Imperial Nanticoke refinery operations continue to recover and current production is close to 75 percent of normal refinery output. The refinery is expected to be back to full capacity by mid-March.

Gasoline supply to wholesale and commercial customers has improved as refinery production increases. The retail service station network is being restocked and is expected to continue to improve over the next few weeks.

Diesel supply has also improved with increased refinery production. Additional supply for the Ontario market has been secured from neighbouring markets but the industry supply situation in the province remains very tight. Imperial continues to ensure priority needs such as emergency services, home heating customers and other critical demands are met. Home heat customers are not at risk of product shortages as a result.

"Despite all efforts on our part, events of the past several weeks have put customers and associates in a very difficult position and we deeply regret this inconvenience" said Simon Smith, Imperial's Vice-president and General Manager of Fuels Marketing. "We continue to work very hard to put our supply network back in balance and deliver on our commitments to our customers."



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