September 16, 2008 01:49 PM Eastern Time 

Petroplus Holdings Disclosure of Shareholdings

ZUG, Switzerland--(BUSINESS WIRE)--Petroplus Holdings AG (SWX:PPHN), in accordance with Art. 20 of the Federal Act on Stock Exchanges and Securities Trading, received on September 4^th, 2008 the following information from shareholders:

On September 2^nd, 2008, Thomas D. O’Malley, Chairman of Petroplus Holdings AG, c/o Petroplus Holdings AG, Industriestrasse 24, 6304 Zug, Switzerland (contact Thomas D. O’Malley) exercised options thereby increasing his ownership interest of registered shares of Petroplus Holdings AG. This represents 3.06% (2,101,626) registered shares and exercisable options of 2.76% (1,896,126) for a total shareholding of approximately 5.82%. The total shares and options are held by Thomas D. O’Malley, Chairman of Petroplus Holdings AG, c/o Petroplus Holdings AG, Industriestrasse 24, 6304 Zug, Switzerland; Horse Island Partners LLC, Greenwich, Connecticut, USA which is controlled by Thomas D. O’Malley and The T.D. & M.A. O’Malley Foundation, Greenwich, Connecticut, USA, a charitable organization, where Mr. O’Malley is the trustee.

Petroplus Holdings AG is the largest independent refiner and wholesaler of petroleum products in Europe. Petroplus focuses on refining and currently owns and operates seven refineries across Europe: the Coryton refinery on the Thames Estuary in the United Kingdom, the Ingolstadt refinery in Ingolstadt, Germany, the Belgium Refining Company refinery in Antwerp, Belgium, the Petit Couronne refinery in Petit Couronne, France, the Cressier refinery in the canton of Neuchâtel, Switzerland, the Reichstett refinery in Alsace, France and the Teesside refinery in Teesside, United Kingdom. The refineries have a combined throughput capacity of approximately 864,000 bpd.