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Matrix Capital Markets Promotes Murphy

Member of Energy & Multi-Site Retail team named senior associate
RICHMOND, Va. -- Matrix Capital Markets Group Inc. said that Matthew F. Murphy Jr. has been promoted to senior associate effective February 1, 2010. Murphy has been a member of Matrix's Energy & Multi-Site Retail team since 2004.

"Matt's unique combination of skills, experience and personality have consistently helped us deliver the finest in financial advisory services to our clients," said Tom Kelso, managing director at Richmond, Va.-based Matrix.

Over the past few years, Murphy has been a significant contributor on more than 35 successful Matrix transactions [image-nocss] including the sale of Uni-Marts LLC, the sale of Herndon Oil Corp., the sale of Peterborough Oil Co, the sale of Wooten Oil, the purchase of BP assets by Carroll Independent Fuels, the purchase of BP assets by RPF Oil and numerous strategic planning and valuation assignments.

Matrix's Energy & Multi-Site Retail Group is a leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience store chains, petroleum marketers, fuels distributors, retail propane distributors, heating oil distributors, lubes retailers and distributors, terminal operators, fuels transportation companies, hospitality companies and other specialty retail chains. Since its inception in 1997, the group has successfully advised on more than 70 transactions in these sectors.

Matrix Capital Markets Group is a leading middle-market investment bank headquartered in Richmond. Since 1988, Matrix has focused on providing merger and acquisition and financial advisory services for corporate and privately held companies, including sales and divestitures, staged liquidity transactions, management buyouts and debt and equity placements.

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