Holly Corporation Third Quarter 2005 Earnings Release and Conference Call

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10/11/2005
DALLAS, TX, Holly Corporation (NYSE: HOC) plans to announce results for the quarter ended September 30, 2005 on November 7, 2005, before the opening of trading on the NYSE. The company has scheduled a conference call later that morning at 10:00AM EST to discuss financial results. Listeners may access this call by dialing (800) 858-5936. The ID# for this call is 1346989. For those who would like to listen to this call via the internet, you may access the call at:

http://audioevent.mshow.com/256727/

Additionally, listeners may replay this call approximately two hours after the call concludes by dialing (800) 642-1687. Enter Conference ID: 1346989. This audio archive will be available through November 21, 2005.

Holly Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel and jet fuel. Holly operates through its subsidiaries a 75,000 barrels per day (“bpd”) refinery located in Artesia, New Mexico, a 26,000 bpd refinery in Woods Cross, Utah, and an 8,000 bpd refinery in Great Falls, Montana. Holly also owns a 45% interest (including the general partner interest) in Holly Energy Partners, L.P. (NYSE “HEP”), which through subsidiaries owns or leases approximately 1,600 miles of petroleum product pipelines in Texas, New Mexico and Oklahoma and refined product terminals in several Southwest and Rocky Mountain states.

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