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Calumet Specialty Products Partners prices 6.45mm shares at $21.50

January 25, 2006

Calumet Specialty Products Partners, an independent US refiner operating three refineries in northern Louisiana with an aggregate throughput capacity of 65,500 bpd and 4.5 million barrels of storage capacity, priced its offering of 6.45 million shares at $21.50, the mid-point of its $20.50 to $22.50 range. The IPO was lead managed by Goldman Sachs. The stock is expected to begin trading on the Nasdaq under the ticker symbol "CLMT" on Thursday.