Tue 9 Dec 2008 13:39

Stebbins enters into stock trading plan


World Fuel Services CEO to sell company stock in 2009.

World Fuel Services Corporation has announced that its Chairman and Chief Executive Officer, Paul H. Stebbins [pictured], has entered into a pre-arranged, non-discretionary stock trading plan.

Sales under this plan will cover approximately 20% of Mr. Stebbins' holdings and are being made for diversification and tax planning purposes.

Transactions are expected to occur at predetermined times from January 5, 2009 through December 31, 2009 and will be publicly disclosed through Form 4 filings with the Securities and Exchange Commission.

The plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and World Fuel Services' policies regarding stock transactions.

Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock. These plans allow individuals to achieve prudent and gradual asset diversification over time.
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