Osterman Propane Acquires Hendels Petroleum Inc.

Waterford, CT – November 19, 2007 – Osterman Propane is pleased to announce the acquisition of Hendel's Petroleum Inc. of Waterford, CT. Hendel's serves over 5,000 propane customers in southeast Connecticut.

"We are pleased to announce another addition to the Osterman family," said Vincent Osterman, president of Osterman Propane. "The Hendel family has built a brand name for reliability and service over the past 60 years. We will continue this legacy as part of our commitment to serve all Osterman Propane customers."

Hendel's customers will now be served by the existing Osterman Propane locations in Oakdale, CT and Plainfield, CT. Osterman Propane serves all of Massachusetts, Connecticut, Rhode Island, southern Vermont and southern New Hampshire.

Hendel's customers may contact Osterman Propane at 800-680-7935 or on the web at www.ostermangas.com.

About Osterman Propane

Osterman Propane serves 70,000 customers in over 600 communities, making it one of the largest family owned Propane distributors in the United States. Over the past 47 years, Osterman Propane has built a strong reputation for providing comfort and confidence to residential, commercial, and industrial Propane users. For more information, call us at 800-407-3930 or visit www.ostermangas.com.

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