1st PROPANE® FRANCHISING AND WHITE RIVER DISTRIBUTORS ANNOUNCE TRUCK PURCHASE AGREEMENT

Key Element in the Expansion Plans of 1st Propane Franchising

White River Distributors of Batesville, Arkansas, and 1st Propane Franchising, Inc., of Rancho Murieta, California, announced today a propane bobtail truck purchase agreement. The agreement calls for franchises of 1st Propane to purchase up to 300 new propane delivery trucks over the next five years.

"White River has been supplying trucks for our franchises for eight years, so when we undertook the search for a supplier to provide dependable, high quality production for our expansion program, White River was the logical choice," says Bill Thacher, CEO of 1st Propane Franchising.

"Because of the quality of the operations supported by the 1st Propane franchise program, we look forward to working with their franchises and participating in the expansion of their program," says Chip Grace, President of White River Distributors.

White River Distributors is a 60-year-old manufacturer of propane delivery trucks, oil delivery trucks and vacuum trucks.

1st Propane operates the only franchise program available in the bulk propane distribution industry. Founded in 1997, 1st Propane has developed proprietary training, marketing and software systems to service its franchises. The company recently completed a round of private equity financing and is undertaking an aggressive national expansion of their franchise program.