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RPF Oil Company Completes Acquisition of BP Assets in the Greater Detroit, Michigan Market

RICHMOND, VA – May 23, 2005 – Matrix Capital Markets Group, Inc.
announced today the successful closing of RPF Oil Company’s (“RPF” or the
“Company”) acquisition of 44 BP retail and wholesale fuel assets in the Greater
Detroit market. Matrix provided acquisition and capital raising advisory services
to consummate the transaction. Tom Kelso, Managing Director and Head of the
Energy and Multi-Site Retail Group at Matrix, and Spencer Cavalier, Vice
President, managed this transaction.

Based in Grand Blanc, Michigan, RPF has been distributing and marketing
motor fuels in the Greater Detroit market since 1933 and RPF has been a
distributor for BP and BP Amoco since 1985. This is RPF’s first major
transaction in support of the Company’s strategic plan to grow its distribution
business. RPF’s successful acquisition makes the Company one of the largest BP
branded jobbers in Michigan, with nearly 100 million gallons of motor fuels
supplied annually. Dan Fleckenstein, Vice President and Head of Acquisitions
for RPF, commented; “We greatly appreciate the excellent advice and
transaction execution provided by Matrix. We could not have been successful in
our efforts to acquire the BP Assets without the help of the Matrix team of

The 44 retail and wholesale fuel assets acquired are comprised of 4 company
owned, company operated sites (COCOs), 6 company owned, commissioned
marketer sites (COCMs), 9 company owned, dealer operated sites (CODOs), and
25 dealer owned, dealer operated (DODOs) sites. At the closing, RPF assigned
the purchase of the 4 COCO sites to one of its leading dealers, Auto City
Services, Inc. (“ACS”), and entered into a long term supply agreement for those
and other additional ACS stores.

Matrix’s Energy and Multi-Site Retail Group is recognized as the national leader
in providing transactional advisory services to companies in the energy and
multi-site retail sectors. Team members are dedicated to these sectors and draw
upon complementary experiences to provide advisory services to complete
sophisticated merger and acquisition transactions, private debt and equity raises,
corporate restructurings, and corporate valuation and long term planning

About Matrix Capital Markets Group
Matrix Capital Markets Group is a leading middle market investment bank
headquartered in Richmond, Virginia. Since 1988, Matrix has focused on
providing merger & acquisition and financial advisory services for corporate and
privately-held companies, including sales and divestitures, Staged Liquidity
Transactions®, management buyouts, and debt & equity placements. For
additional information, please visit www.matrixcapitalmarkets.com.
Securities offered by Matrix Private Equities, affiliate of Matrix Capital Markets
Group, Inc., Member of FINRA and SIPC.