Par Pacific Holdings Announces 2016 Annual Meeting of Shareholders

HOUSTON, April 11, 2016

Par Pacific's shareholders of record at the close of business on April 6, 2016, will receive proxy materials for the annual meeting.

Proxy materials related to the annual meeting will include Par Pacific's 2016 Proxy Statement, 2015 Annual Report and 2015 Form 10-K, and will also be available online at http://www.astproxyportal.com/ast/18978/ on or before April 21, 2016.  E-mail or paper copies of the materials will be provided free of charge by requesting such copies online or by contacting the company directly.

About Par Pacific Holdings, Inc.

Par Pacific Holdings, Inc., based in Houston, Texas, is a growth-oriented company that manages and maintains interests in energy and infrastructure businesses. Our business is organized into three primary segments of refining, retail and logistics located in Hawaii.  Par Pacific owns an equity investment in Laramie Energy, LLC a joint venture entity focused on producing natural gas in Garfield Mesa and Rio Blanco Counties, Colorado. In addition, Par Pacific transports, markets and distributes crude oil from the Western United States and Canada to refining hubs in the Midwest, Gulf Coast, East Coast and to Hawaii. More information is available at www.parpacific.com.

Forward-Looking Statements

This press release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties. Par Pacific cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct.  Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date.  Par Pacific does not intend to update or revise any forward-looking statements made herein or any other forward looking statements as a result of new information, future events or otherwise. The company further expressly disclaims any written or oral statements made by a third party regarding the subject matter of this press release.