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Rose Rock Midstream Agrees To Acquire Interest In White Cliffs Pipeline From SemGroup Corporation

Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Press Release, which reflect management's opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.

2013 Adjusted EBITDA Guidance      
(in millions, unaudited)      
  Guidance
  Low   High
Net income  $ 26.5    $ 32.0
Add: Interest expense  12.3    11.3
Add: Depreciation and amortization  13.5    13.0
EBITDA  $ 52.3    $ 56.3
Selected items impacting comparability  3.7    3.7
Adjusted EBITDA  $ 56.0    $ 60.0
       
       
Selected Items Impacting Comparability      
Remove equity earnings    (14.6)  
Include cash distributions    17.8  
Restricted stock expense    0.5  
Selected items impacting comparability    $ 3.7  
CONTACT: Investor Relations:
         Alisa Perkins, 918-524-8081
         ir@rrmidstream.com
         
         Media:
         Liz Barclay, 918-524-8158
         lbarclay@rrmidstream.com

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