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TOTAL TO PURCHASE TOWN & COUNTRY GASOLINE/CONVENIENCE STORES

 DENVER, April 26 /PRNewswire/ -- Total Petroleum (North America) Ltd. (AMEX: TPN) ("Total") and Town and Country Food Markets Inc. today finalized contract negotiations under which Total will acquire the Town and Country network of gasoline/convenience stores. The transaction could be completed by early June and it is expected that the stores would be rebranded TOTAL by late summer.
 Town and Country is a chain of 63 gasoline/convenience stores located in Kansas, Missouri, Oklahoma and Nebraska. The highly visible and well-positioned network is comprised mostly of 2,400 sq. ft. convenience stores. Gary Jones, senior vice president of marketing for Total said, "The acquisition of the Town and Country network fits perfectly with our strategy of consolidating our retail operations in marketing areas with direct supply from our refineries. These locations will be supplied with product refined at Total's Arkansas City, Kan., and Ardmore, Okla. refineries. Combined with the strength of our existing Total distributor and company-operated locations, the newly acquired stores further our goal of making TOTAL a premier brand in the market area," he added.
 Phil Ruffin, president of Town and Country Food Markets commented, "This divestiture will allow our management to focus its resources on manufacturing operations and real estate properties."
 Total is a refiner and marketer of petroleum products, operating four refineries -- in Kansas, Oklahoma, Colorado and Michigan, and with marketing activities focused in the central United States. Headquartered in Denver, the company employs approximately 6,500 nationally. Its shares are listed on the American, Toronto, Montreal and Pacific stock exchanges.
 Town and Country is one of a number of entities owned by Ruffin companies. Other investments include Ruffin Properties, a real estate company; Harper Trucks, a leading manufacturer of hand trucks; and various other real estate properties.
 -0- 4/26/93
 /CONTACT: Gary Jones of Total Petroleum, 303-291-2000/
 (TPN)


CO: Total Petroleum (North America) Ltd.; Town and Country Food Markets
 Inc. ST: Colorado, Kansas, Missouri, Oklahoma, Nebraska IN: OIL SU:


BB -- DV005 -- 0716 04/26/93 12:49 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
Words:335
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