June 26, 1996 The Island Regulatory and Appeals Commission announced today that approval has been granted to Irving Oil Limited to reduce by 1.4 cents per litre and to Co-op Atlantic to reduce by 1.1 cents per litre the prices of all grades of gasoline sold under their respective dealer tank truck pricing schedules, effective 12:01 a.m. on Thursday, 27 June 1996. Market conditions was the reason given for both requests to decrease prices. For more information contact: H. Doris Pursey, (902) 892-3501. Media Contact: