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World Fuel Services Corporation has announced that its president and chief operating officer, Michael J. Kasbar, has entered into a pre-arranged, non-discretionary stock trading plan.

Under the newly adopted plan, beginning on July 16, 2009 and ending on December 31, 2009, Mr. Kasbar may sell up to 150,000 shares, which represents approximately 20% of his holdings.

In addition, Mr. Kasbar may convert up to 101,577 stock-settled stock appreciation rights (“SSARs”) and sell the shares that he acquires from such conversion. The number of shares acquired from the conversion of the SSARs will be equal in value to the closing price of the Company’s common stock on the conversion date less the closing price of the Company’s common stock on the date the SSARs were granted, multiplied by the number of SSARs converted.

The sales are being made for diversification and estate and tax planning purposes 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.