DALLAS, Feb. 25 /PRNewswire-FirstCall/ -- Holly Corporation (NYSE:HOC) today announced the declaration of a regular quarterly cash dividend in the amount of $0.15 per share payable on April 2, 2010, to holders of record on March 22, 2010. Holly Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other high value specialty products. Holly operates through its subsidiaries a 100,000 barrels per stream day ("bpsd") refinery located in Artesia, New Mexico, a 125,000 bpsd refinery in Tulsa, Oklahoma and a 31,000 bpsd refinery in Woods Cross, Utah. A subsidiary of Holly also owns a 34% interest (including the general partner interest) in Holly Energy Partners, L.P. DATASOURCE: Holly Corporation CONTACT: Bruce R. Shaw, Senior Vice President and Chief Financial Officer, or M. Neale Hickerson, Vice President-Investor Relations, both of Holly Corporation, +1-214-871-3555 Web Site: http://www.hollycorp.com/

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