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Regulation FD

On March15, 2016, CST updated the monthly fuel margin data and benchmark wholesale conventional gasoline prices in the Investors section of its website under the tab Historical Fuel Margins to include the most recent monthly historical data.

As more fully described in the Companys Form 10-K and Form 10-Q filings, approximately half of CSTs gross profit is derived from the sale of motor fuel. CST typically experiences lower motor fuel gross profits in periods when the cost of motor fuel increases, and higher motor fuel gross profits in periods when the cost of motor fuel declines rapidly or is more volatile. The volatility of crude oil and wholesale motor fuel prices impacts CSTs motor fuel gross profits.

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