April 14, 1997 The Island Regulatory and Appeals Commission announced today that approval has been granted to Imperial Oil Limited to reduce the per litre prices of all grades of gasoline sold under its posted consumer tank truck pricing schedule. The price of regular gasoline is to be reduced by 4.0 cents per litre, mid-grade unleaded by 2.4 cents per litre and premium gasoline by 1.0 cent per litre, effective 12:01 a.m. on Tuesday, 15 April 1977. The reason given for this request is to allow Imperial's prices of bulk gasoline sales to consumers to be more appropriately aligned with its retail prices for these products. For additional information, contact: H. Doris Pursey at (902) 892-3501. Media Contact: