March 12, 1999 The Island Regulatory and Appeals Commission announced today that approval has been granted to Ultramar Ltd. to reduce the prices of all grades of gasoline sold under its dealer tank truck pricing schedule by 0.1 cent per litre. The lower prices become effective at 12:01 a.m. on Saturday, 13 March, 1999. Ultramar indicated that its reason for making the application was to meet local market conditions. Media Contact: Island Information Service