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Press release from Marketwire

Superior Plus Corp. Announces Amendments to Proposed Shareholder Rights Plan

Friday, March 30, 2012

Superior Plus Corp. Announces Amendments to Proposed Shareholder Rights Plan18:11 EDT Friday, March 30, 2012CALGARY, ALBERTA--(Marketwire - March 30, 2012) - Superior Plus Corp. ("Superior") (TSX:SPB) announces that it has made some minor amendments to the shareholder rights plan (the "Plan") adopted on February 16, 2012 and to be voted on by shareholder of Superior at the upcoming annual and special meeting (the "Meeting") to be held on May 2, 2012. The amendments address comments received from ISS Proxy Advisory Services ("ISS"), an independent proxy voting advisory and corporate governance services firm, to ensure the Plan conformed to ISS's current guidelines. The amended and restated Plan will be filed on SEDAR and blacklined copies reflecting the changes will be available to shareholders at the Meeting and upon request to the Vice-President, Investor Relations and Treasurer of Superior. About the Corporation Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates, providing fixed-price energy services, and supply portfolio management; 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: Wayne 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)wbingham@superiorplus.comORJay BachmanSuperior Plus Corp.Vice-President, Investor Relations and Treasurer(403) 218-2957 or Toll Free: 1-866-490-PLUS (7587)(403) 218-2973 (FAX)jbachman@superiorplus.comwww.superiorplus.com