CVR Energy Responds to Carl Icahn's Letter to Stockholders

CVR Energy, Inc.

, a refiner and marketer of petroleum fuels and a majority owner of CVR Partners, LP

, a nitrogen fertilizer producer, today issued the following statement in response to Carl Icahn's letter to CVR Energy stockholders issued on March 14, 2012: "Mr. Icahn's actions and statements continue to surprise us. By his own admission today, CVR Energy is an unlikely target for Mr. Icahn. Mr. Icahn states that he targets 'companies where managements have repeatedly failed to deliver,' yet CVR Energy has delivered total returns to stockholders over the past three years of 588 percent, far exceeding both the S&P 500 and the average total return of our peer group. The same leadership team is still in place, and CVR Energy's Board and management continue to aggressively position the company for growth and are confident in the company's prospects.