Approval of Announced Lac Megantic Settlement Will Conclude and Eliminate Legal Exposure to Dakota Plains

Dakota Plains Holdings, Inc. ("Dakota Plains"), (NYSE MKT:

) today noted the announced settlement agreement by World Fuel Services Corporation ("WFS"),

with the Trustee for the U.S. bankruptcy estate of Montreal, Maine & Atlantic Railway Ltd., Montreal, Maine and Atlantic Canada Co. ("MMAC"), and the monitor in MMAC's Canadian bankruptcy to resolve claims arising out of the July 2013 train derailment in Lac-Mégantic, Quebec. Dakota Plains, through prior joint ventures with WFS, was a party to the claims, but was indemnified by WFS as part of the transactions to dissolve the joint ventures last December. Following approval of the settlement agreement by the relevant courts and creditors, Dakota Plains will benefit from a global release and from injunctions barring any future legal claims related to the Lac Mégantic incident while incurring no out-of-pocket expenses related to the settlement.