<SEC-DOCUMENT>0001157523-14-000019.txt : 20140106
<SEC-HEADER>0001157523-14-000019.hdr.sgml : 20140106
<ACCEPTANCE-DATETIME>20140106080711
ACCESSION NUMBER:		0001157523-14-000019
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20140106
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140106
DATE AS OF CHANGE:		20140106

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WORLD FUEL SERVICES CORP
		CENTRAL INDEX KEY:			0000789460
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172]
		IRS NUMBER:				592459427
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09533
		FILM NUMBER:		14508100

	BUSINESS ADDRESS:	
		STREET 1:		9800 N.W. 41ST STREET
		STREET 2:		SUITE 400
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178
		BUSINESS PHONE:		305-428-8001

	MAIL ADDRESS:	
		STREET 1:		9800 N.W. 41ST STREET
		STREET 2:		SUITE 400
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL RECOVERY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50776912.htm
<DESCRIPTION>WORLD FUEL SERVICES CORP. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>WASHINGTON,
      D.C. 20549</b></font><br><br>
    </p>
    <hr style="color: #000000; text-align: center; height: 1.0 pt; width: 20%">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>FORM 8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>THE
      SECURITIES EXCHANGE ACT OF 1934</b></font><br><br>
    </p>
    <hr style="color: #000000; text-align: center; height: 1.0 pt; width: 20%">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt">Date of
      Report (Date of earliest event reported): &#160;January 6, 2014</font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>WORLD
      FUEL SERVICES CORPORATION</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Florida</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 34%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>1-9533</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 33%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>59-2459427</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            incorporation)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 34%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission File
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Number)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S. Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 67%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>9800 N.W. 41<sup>st</sup> Street, Suite 400</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Miami, Florida</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 33%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>33178</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 67%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Zip
            Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt">Registrant&#8217;s telephone number, including
      area code:</font><font style="font-size: 10pt"><b> (305) 428-8000</b></font><br>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font><br>
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 7.01.&#160;&#160;Regulation FD Disclosure</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      World Fuel Services Corporation announced today that one of its
      wholly-owned subsidiaries has signed a definitive agreement to acquire
      Watson Petroleum Limited. A copy of the press release is attached hereto
      as Exhibit 99.1.<b>&#160;&#160;&#160;&#160;&#160;&#160;</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      This information and the information contained in Exhibit 99.1 shall not
      be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange
      Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or incorporated by
      reference in any filing under the Securities Act of 1933, as amended, or
      the Exchange Act, except as may be expressly set forth by specific
      reference in any such filing.
    </p>
    <p>

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 9.01. &#160;Financial Statements and Exhibits</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="padding-left: 0.0px; width: 5%" valign="top">
          (c)
        </td>
        <td style="padding-left: 0.0px; width: 10%" valign="top">
          Exhibits
        </td>
        <td style="width: 80%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 10%">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 10%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 80%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 10%">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 10%" valign="top">
          99.1
        </td>
        <td style="padding-left: 0.0px; width: 80%" valign="top">
          Press Release, dated January 6, 2014.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.
    </p>
    <p style="text-align: left; text-indent: 30.0px">

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 5%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 45%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            January 6, 2014
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>World Fuel Services Corporation</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 50%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 50%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ R. Alexander Lake
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 5%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 45%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            R. Alexander Lake
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Senior Vice President, General Counsel and<br>Corporate Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      EXHIBIT INDEX<br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 12%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 5%" valign="top">
          &#160;
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 83%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Description
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 12%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            99.1
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 83%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release, dated January 6, 2014.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50776912ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>World
      Fuel Services Corporation To Acquire Watson Petroleum Limited</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Will
      Significantly Expand Land Segment in the United Kingdom</b></font>
    </p>
    <p>
      MIAMI--(BUSINESS WIRE)--January 6, 2014--World Fuel Services Corporation
      (NYSE: INT), announced today that a wholly-owned subsidiary of the
      company has signed a definitive agreement to acquire Watson Petroleum
      Limited, a leading distributor of gasoline, diesel, heating oil,
      lubricants and other products and related services across England and
      Wales, for a purchase price of &#163;117 million ($191 million). The purchase
      price will be funded through cash-on-hand and the company&#8217;s existing
      credit facilities.
    </p>
    <p>
      Watson Petroleum is headquartered in Brinkworth, England and has 670
      employees. With expected 2013 revenue of $2.2 billion, Watson Petroleum
      is one of the largest fuel distributors in the United Kingdom.
    </p>
    <p>
      &#8220;We look forward to welcoming the Watson Petroleum team to World Fuel
      Services,&#8221; said Michael J. Kasbar, president and chief executive officer
      of World Fuel Services Corporation. &#8220;Combined with our existing land
      business in the United Kingdom, this transaction will further solidify
      Watson&#8217;s position as one of the largest distributors of ground-based
      fuels in the United Kingdom and will provide a platform for further
      growth in the ground fuels space in the United Kingdom and elsewhere in
      Europe.&#8221;
    </p>
    <p>
      &#8220;We are very excited to be joining a company with the capabilities and
      breadth of products and services of World Fuel. Coupled with World
      Fuel&#8217;s solid financial foundation, this transaction will allow us to
      expand our product and service offerings and further grow our
      distribution network,&#8221; stated Tony Watson, managing director of Watson
      Petroleum Limited.
    </p>
    <p>
      The transaction is expected to be $0.18 to $0.22 accretive to earnings
      on a GAAP basis in the first twelve months. Non-GAAP accretion, which
      excludes amortization of acquired intangible assets of approximately
      $0.10 per share, is expected to be $0.28 to $0.32 in the first twelve
      months.
    </p>
    <p>
      The transaction is subject to customary regulatory consents and closing
      conditions and is expected to be completed within the next ninety days.
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u>Information Relating to Forward-Looking Statements</u>
    </p>
    <p>
      With the exception of historical information in this news release, this
      document includes forward-looking statements within the meaning of the
      Private Securities Litigation Reform Act of 1995, including statements
      regarding our expectations about Watson Petroleum&#8217;s 2013 revenue, the
      effect of the transaction on its position as a distributor in the United
      Kingdom, its opportunities for growth and expansion of offerings, as
      well as our expectations about the timing of closing, the funding of the
      purchase price, and the effect of the transaction on our earnings. These
      forward-looking statements are qualified in their entirety by cautionary
      statements and risk factor disclosures contained in the company&#8217;s
      Securities and Exchange Commission (&#8220;SEC&#8221;) filings, including the
      company&#8217;s Annual Report on Form 10-K filed with the SEC on February 21,
      2013. Actual results may differ materially from any forward-looking
      statements due to risks and uncertainties, including, but not limited
      to: our ability to effectively integrate and derive benefits from the
      acquired business, our ability to capitalize on new market
      opportunities, unexpected delays in closing, potential liabilities and
      the extent of any insurance coverage, the impact of quarterly
      fluctuations in results, the creditworthiness of our customers and
      counterparties and our ability to collect accounts receivable,
      fluctuations in world oil prices or foreign currency, changes in
      political, economic, regulatory, or environmental conditions, adverse
      conditions in the markets or industries in which we or our customers and
      suppliers operate, our failure to effectively hedge certain financial
      risks associated with the use of derivatives, non-performance by
      counterparties or customers on derivatives contracts, loss of, or
      reduced sales, to a significant government customer, uninsured losses,
      the impact of natural disasters, adverse results in legal disputes,
      unanticipated tax liabilities, our ability to retain and attract senior
      management and other key employees and other risks detailed from time to
      time in the company&#8217;s SEC filings. New risks emerge from time to time
      and it is not possible for management to predict all such risk factors
      or to assess the impact of such risks on our business. Accordingly, we
      undertake no obligation to publicly update or revise any forward-looking
      statements, whether as a result of new information, changes in
      expectations, future events, or otherwise.
    </p>
    <p>
      <u>Non-GAAP Financial Measures</u>
    </p>
    <p>
      This press release includes selected financial information that has not
      been prepared in accordance with accounting principles generally
      accepted in the United States (&#8220;GAAP&#8221;). Specifically, we have used
      non-GAAP accretion to earnings per share, which excludes amortization of
      acquired intangible assets, primarily because we do not believe it is
      reflective of the company&#8217;s core operating results. We believe that this
      non-GAAP financial measure, when considered in conjunction with our
      financial information prepared in accordance with GAAP, is useful for
      investors to evaluate our core operating results and trends.
    </p>
    <p>
      Non-GAAP financial measures should not be considered in isolation from,
      or as a substitute for, financial information prepared in accordance
      with GAAP. In addition, our presentation of non-GAAP accretion may not
      be comparable to the presentation of such metric by other companies.
      Investors are encouraged to review the reconciliation of this non-GAAP
      measure to its most directly comparable GAAP financial measure contained
      in this press release.
    </p>
    <p>
      <u>About World Fuel Services Corporation</u>
    </p>
    <p>
      Headquartered in Miami, Florida, World Fuel Services is a leading global
      fuel logistics company, principally engaged in the marketing, sale and
      distribution of aviation, marine and land fuel products and related
      services on a worldwide basis. World Fuel Services sells fuel and
      delivers services to its clients at more than 8,000 locations in more
      than 200 countries and territories worldwide.
    </p>
    <p>
      The company's global team of market makers provides deep domain
      expertise in all aspects of aviation, marine and land fuel management.
      Aviation customers include commercial airlines, cargo carriers, private
      aircraft and fixed base operators (FBOs), as well as the United States
      and foreign governments. World Fuel Services' marine customers include
      international container and tanker fleets, cruise lines and time-charter
      operators, as well as the United States and foreign governments. Land
      customers include petroleum distributors, retail petroleum operators,
      and industrial, commercial, and government accounts. The company also
      offers transaction management services which consist of card payment
      solutions and merchant processing services to customers in the aviation,
      marine and land transportation industries. For more information, call
      305-428-8000 or visit <u>www.wfscorp.com</u>.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>World Fuel Services Corporation<br>Ira M. Birns, 305-428-8000<br>Executive
      Vice President &amp; Chief Financial Officer<br>
    </p>
    <p>

    </p>
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