CITGO Awards FleetCor New Processing and Management Contract

ATLANTA, U.S.A. June 9, 2008 - FleetCor, The Global Fleet Card Company, announced today that it has been selected by CITGO Petroleum Corporation (CITGO) to provide fleet card processing and program management services for its fuel cards. With this win, FleetCor has been awarded the last four competitive bids for major oil private label fleet card contracts.

“CITGO’s global relationships provide maximum exposure to all the fleet card providers in the world,” explained Ron Clarke, FleetCor’s Chairman & Chief Executive Officer. “We are delighted with CITGO’s decision to continue our business relationship as it equally supports our goal to become the worldwide leader in fuel card processing.”

“As with any such strategic relationship, CITGO diligently reviewed all available options for providing branded fleet card products to our marketers and consumers,” says Jonathan Watson, CITGO’s Manager, Business Services and Payment Cards. “FleetCor has been an innovative partner for the past four-year contract, and from our recent review in the market, there was no one better positioned to continue to move CITGO’s fleet card capabilities forward.”

“Since winning the CITGO business from a competitor in 2004, FleetCor has worked hard to earn the respect of CITGO, its branded marketers and the end customers of its branded fleet card program,” adds Bill Schmit, President of FleetCor’s Private Label Division. “By focusing on fleet card programs, FleetCor is able to drive the innovation required in the quickly evolving market for fleet card programs. CITGO’s selection to remain working with FleetCor validates our strategic view for the business.”

About CITGO

CITGO, headquartered in Houston, Texas is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals, and other industrial products. CITGO is owned by PDV America, Inc., an indirect wholly-owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela.

About FleetCor

FleetCor (www.Fleetcor.com), The Global Fleet Card Company, is the worldwide leader in managing and processing commercial fuel cards. FleetCor serves over 750,000 business fleets and over 3.5 million active cardholders in North America, Europe, Asia and Africa. FleetCor’s card programs are marketed under a variety of brand names including: CCS, CFN, FleetNet, Fuelman, The Fuelcard Company, Keyfuels Mannatec and Smart. FleetCor and its subsidiaries employ over 950 associates located in 15 offices globally. FleetCor is privately owned by management, and a group of institutional private equity investors including Bain Capital, Summit Partners, and Advent International.

For further information please contact:

Emily Ward, DDB Public Relations
+1-416-963-4295, emily.ward@can.ddbpr.com

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