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 December 2, 2015 - 4:35 PM EST
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PBF Logistics LP Announces Extension of Exchange Offer for 6.875% Senior Notes Due 2023

PBF Logistics LP (NYSE: PBFX, the “Partnership”) announced today that it has extended the deadline with respect to its offer to exchange up to $330,090,000 of its 6.875% Senior Notes due 2023 (new notes), which have been registered under the Securities Act of 1933 (Securities Act), for $330,090,000 of its issued and outstanding 6.875% Senior Notes due 2023, which are not registered under the Securities Act (old notes). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on December 7, 2015, unless further extended.

The exchange offer was scheduled to expire today at 12:00 a.m., New York City time. As of 1:00 p.m., New York City time, on December 2, 2015 approximately $285,352,000 in aggregate principal amount, or 86%, of the old notes had been validly tendered and not withdrawn. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated October 30, 2015, filed with the U.S. Securities and Exchange Commission, and the related letter of transmittal.

This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.

For copies of the exchange offer documents or additional information, please contact the Exchange Agent, Deutsche Bank Trust Company Americas, at:

Deutsche Bank Trust Company Americas
c/o DB Services Americas, Inc.
5022 Gate Parkway, Suite 200
Jacksonville, Florida 32256
Attn: Reorg Dept

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements (as that term is defined under the federal securities laws) made by the Partnership and its management. Such statements are based on current expectations, forecasts and projections, including, but not limited to, anticipated financial and operating results, plans, objectives, expectations and intentions that are not historical in nature. Forward-looking statements should not be read as a guarantee of future performance or results, and may not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking statements are based on information available at the time, and are subject to various risks and uncertainties, including risks relating to the securities markets generally, the impact of adverse market conditions impacting PBFX's logistics and other assets and other risks inherent in PBFX's business. For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see PBFX's filings with the Securities and Exchange Commission including the Partnership’s Annual Report on Form 10-K. Forward-looking statements reflect information, facts and circumstances only as of the date they are made. PBFX assumes no responsibility or obligation to update forward-looking statements except as may be required by law.

PBF Logistics LP

PBF Logistics LP, headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy Inc. to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.

For PBF Logistics LP
Investors:
Colin Murray, 973-455-7578
ir@pbfenergy.com
or
Media:
Michael C. Karlovich, 973-455-8994
mediarelations@pbfenergy.com


Source: Business Wire (December 2, 2015 - 4:35 PM EST)

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