Compania Espanola de Petroleos SA : CEPSA Renews Official Sponsorship Agreement with Scuderia Toro Rosso

Press Release

CEPSA Renews Official Sponsorship Agreement with

Scuderia Toro Rosso

CEPSA has renewed its official sponsorship agreement with the Formula One team Scuderia Toro

Rosso (STR) which will be effective for the 2012 season.

CEPSA´s brand will be visible on the Australian driver Daniel Riccardo's and the French driver Jean- Eric Verge's race suits and on the nose, rear wing and rear wing endplates of the cars.

CEPSA started this sponsorship in September 2011 and now reaffirms its commitment to Formula 1 for this new season.

CEPSA´s Co-Chairman, Santiago Bergareche, remarked that "CEPSA has witnessed the huge effort made in Faenza to face this year´s challenges and we want to show our strong support to the team. We are certain Toro Rosso will deliver outstanding performance and their results will meet everyone's expectations: the team's, the sponsors' and the fans'."

Scuderia Toro Rosso Team Principal, Franz Tost, commented that "having CEPSA on board means a lot to Scuderia Toro Rosso. CEPSA is one of Spain's leading companies and, just like Formula 1, it is expanding its operation all around the world. Although closer to home, we and CEPSA will both enjoy performing in front of their home crowd, not once but twice, given that Spain is the only country on the calendar to host two Grands Prix per year. Here at Scuderia Toro Rosso, we are keen to repay the confidence CEPSA has shown in us, by delivering on track, not just in Barcelona and Valencia but also on the other eighteen race venues this year."

For further information:

CEPSA - Dirección de Comunicación y Relaciones Institucionales Comunicación Corporativa [e-mail] Tel: [phone]

www.cepsa.com

Scuderia Toro Rosso [e-mail] Tel. [phone] www.tororosso.com

Madrid, February 3rd, 2012

CEPSA is an energy group with a workforce of nearly 12,000 employees, engaged in activities that span the entire oil value chain: exploration and production of oil and gas; refining, transportation and marketing of petroleum products and natural gas; biofuels; and electric power cogeneration and sales. CEPSA additionally has a world-class chemicals division that is tightly integrated with its oil refining segment, manufacturing and selling feedstock for the production of high value-added components chiefly used in making new-generation plastics and biodegradable detergents. CEPSA is one of the major energy players in Spain, but it is also broadening its global portfolio of operations in countries such as Algeria, Brazil, Canada, Colombia, Egypt, Panama, Peru and Portugal, selling its products around the world.

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