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Press release from Marketwire

Superior Plus Corp. Announces Upcoming Retirement of CEO

Thursday, June 23, 2011

Superior Plus Corp. Announces Upcoming Retirement of CEO17:05 EDT Thursday, June 23, 2011CALGARY, ALBERTA--(Marketwire - June 23, 2011) - Superior Plus Corp. ("Superior") (TSX:SPB) announces Grant Billing, Chairman and CEO, has decided to retire as CEO and will continue to serve as non-executive Chairman of Superior. The Board of Directors has established a committee to conduct a search for a President and CEO from a review of both internal and external candidates. The search for a President and CEO will commence immediately and should be complete by the end of the year. Mr. Billing will continue with his current responsibilities until the new President and CEO is appointed.Peter Green as Superior's Lead Director commented that "Grant has provided strong leadership for Superior since it's inception as a public entity in 1996 and for the last five years as Chairman and CEO. His contribution in strengthening Superior through these challenging times has been significant and we are both grateful for his contributions and delighted that he will continue as Chairman of the Board following the selection of a President and CEO." About the Corporation Superior 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.FOR FURTHER INFORMATION PLEASE CONTACT: Grant BillingSuperior Plus Corp.Chairman and Chief Executive Officer(403) 218-2950(403) 218-2973 (FAX)gbilling@superiorplus.comORWayne BinghamSuperior Plus Corp.Executive Vice-President and Chief Financial Officer(403) 218-2951 or Toll Free: 1-866-490-PLUS (7587)(403) 218-2973 (FAX)