Zug, Switzerland, May 11, 2012 - Petroplus Holdings AG (SIX: PPHN) today announced that due to the withdrawal of the appeal, the Appeals Board of the SIX Swiss Exchange has decided not to continue the procedure concerning the shortened continued listing period of the shares of Petroplus Holdings AG. The last day of trading of the Company's shares will be May 23, 2012 and the shares will be delisted on May 24, 2012.

Petroplus also announced that the SIX Swiss Exchange has extended the Company's exemption from certain regulatory reporting and publicity requirements until the date of delisting. These requirements include the Annual Report 2011, the issuance of a corporate calendar and certain other notification obligations.

Contact information: Petroplus Holdings AG

Fredrik Olsson; +41 (0) 58 580 1244
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