Martin Midstream Partners
L.P. MMLP ("MMLP" or the "Partnership") announced today that Martin
Resource Management Corporation (the "Parent"), the owner of its general
partner, has settled certain ongoing litigation with certain of its
shareholders. The settlement, among other things, provides the Parent, its
officers and directors with a full and final release and resolves the
litigation styled Scott Martin, et al. v. Martin Resource Management
Corporation, et al, originally filed in the 215th Harris County Judicial
District Court of Texas under Cause No. 2008-53948 (the "Harris County
Litigation") for an undisclosed price. The settlement also resolves all of the
other outstanding lawsuits between the parties to the Harris County
Litigation.
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