PBF Energy Operational Issue At Its Paulsboro Refinery

PBF Energy Inc. (NYSE:PBF) (“PBF Energy”) reports that our Paulsboro Refinery, located in Paulsboro, New Jersey, experienced a loss of steam resulting in the unplanned shutdown of certain units. Refinery personnel are evaluating the outage and assessing the potential impact to operations.

All personnel have been accounted for and no injuries are reported. The refinery has notified all applicable agencies.

About PBF Energy Inc.

PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey and Toledo, Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally sensitive manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.

Copyright Business Wire 2010

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