Investor Presentaiton

Year-over-Year Improvement in Refining Economics Lion Oil Acquisition More Than Doubled Throughput Volumes (1) 60,000 bpd Tyler Refinery (and) 80,000 bpd El Dorado Refinery 60,000 bpd Tyler Refinery Only 127,784 54,407 60,032 47,452 55,317 58,461 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 145,878 146,190 134,017 127,097 130,346 3Q11 4Q11 1Q12 2Q12 3Q12 Tracking the HSD 5-3-2 Gulf Coast Crack Spread Per Barrel (2) 2011 2012 $35.00 $30.80 $29.96 $30.23 $31.02 $30.00 $25.42 $23.87 $25.00 $23.14 $20.00 $17.54 $15.00 $10.00 $5.00 $0.00 Q1 Q2 22 Q3 03 $17.94 +$2.86/bbl on a y/y basis $26.20 $26.84 $23.98 October November YTD (1) Delek US operated the El Dorado refinery for 247 days in 2011, following our acquisition of majority ownership (2) Source: Platts; YTD data is thru November 27 7

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