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Press release from Marketwire

Superior Plus Corp. Extends Its Syndicated Credit Facility

Friday, June 25, 2010

Superior Plus Corp. Extends Its Syndicated Credit Facility10:30 EDT Friday, June 25, 2010CALGARY, ALBERTA--(Marketwire - June 25, 2010) - Superior Plus Corp. (TSX:SPB) ("Superior") is pleased to announce that its wholly-owned subsidiaries Superior Plus LP, Superior Plus US Financing Inc. and Comercial E Industrial ERCO (Chile) Limitada have completed a $450 million extension of its syndicated credit facility with ten lenders. The secured revolving credit facility matures on June 28, 2013 and can be expanded up to $750 million. Financial covenant ratios were unchanged with Consolidated Secured Debt to Consolidated EBITDA ratio and Consolidated Debt to Consolidated EBITDA ratio of 3.0x and 5.0x, respectively."We are pleased to have completed the extension of the syndicated credit facility with strong support from our lenders. Superior continues to maintain its financial flexibility to complete growth projects which support our strategy of operating and building businesses over the long-term. Our strong balance sheet along with prudent financial policies supports Superior's ability to pursue accretive growth opportunities to create long-term value for our securityholders," said Wayne Bingham, Executive Vice President and CFO.About the CorporationSuperior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates and related fixed-price energy services; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.Superior's shares and convertible debentures trade on the TSX as follows: Trading Symbol Security Issued and Outstanding ---------------------------------------------------------------------------- SPB Common Shares 105.0 million SPB.db.b 5.75% Debentures, Series 1 $174.9 million principal amount SPB.db.c 5.85% Debentures, Series 1 $ 75.0 million principal amount SPB.db.d 7.5% Debentures $ 69.0 million principal amount SPB.db.e 5.75% Debentures $ 172.5 million principal amount ---------------------------------------------------------------------------- FOR FURTHER INFORMATION PLEASE CONTACT: Wayne Bingham Executive Vice-President and Chief Financial Officer (403) 218-2951 or Toll Free: 1-866-490-PLUS (7587) (403) 218-2973 (FAX) wbingham@superiorplus.com or Jay Bachman Vice-President, Investor Relations and Planning (403) 218-2957 or Toll Free: 1-866-490-PLUS (7587) (403) 218-2973 (FAX) jbachman@superiorplus.com