The Board of Directors of Frontier Oil Corporation (NYSE:FTO) declared a
regular quarterly cash dividend on the Company’s common stock of $0.06
per share ($0.24 annualized). The dividend is payable April 16, 2009 to
shareholders of record as of the close of business on March 27, 2009.
Frontier operates a 130,000 barrel-per-day refinery located in El
Dorado, Kansas, and a 52,000 barrel-per-day refinery located in
Cheyenne, Wyoming, and markets its refined products principally along
the eastern slope of the Rocky Mountains and in other neighboring plains
states. Information about the Company may be found on its web site www.frontieroil.com.
Frontier Oil Corporation
Kristine Boyd, 713-688-9600 x135