Calumet Specialty Products Partners, L.P. Declares Increased Distribution On Limited Partner Units And Schedules Third Quarter 2011 Earnings Release

INDIANAPOLIS, Oct. 11, 2011 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Partnership") today announced an increase in its quarterly cash distribution to $0.50 per unit ( $2.00 per unit on an annualized basis) for the quarter ended September 30, 2011 on all of its outstanding limited partner units. The distribution will be paid on November 14, 2011 to holders of record of such units at the close of business on November 4, 2011. This distribution represents an increase of $0.005 per unit over the quarterly distribution of $0.495 per unit ( $1.98 per unit on an annualized basis) paid in August 2011 for the second quarter of 2011.

In addition, the Partnership will report earnings for the third quarter of 2011 on Wednesday, November 2, 2011 before the market opens.

A conference call is scheduled for 1:00 p.m. ET ( 12:00 p.m. CT) Wednesday, November 2, 2011 to discuss the financial and operational results for the third quarter of 2011. Anyone interested in listening to the presentation may call 866-700-6979 and enter passcode 98945363. For international callers, the dial-in number is 617-213-8836 and the passcode is 98945363.

The telephonic replay is available in the United States by calling 888-286-8010 and entering passcode 20383912. International callers can access the replay by calling 617-801-6888 and entering passcode 20383912. The replay will be available beginning Wednesday, November 2, 2011, at approximately 4:00 p.m. until Wednesday, November 16, 2011.

A webcast of the earnings call will be available on the Partnership's website at http://www.calumetspecialty.com.

Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Calumet") is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel and jet fuel. Calumet is headquartered in Indianapolis, Indiana and has six plants located in northwest Louisiana, northwest Wisconsin, western Pennsylvania, and southern Texas, and a blending facility located in Burnham, Illinois.

SOURCE Calumet Specialty Products Partners, L.P.

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