---

Leading marine, aviation and land fuel specialist World Fuel Services Corporation (WFS) has announced today that its board of directors has declared a quarterly cash dividend of $0.0375 per share payable on October 6, 2010 to shareholders of record on September 17, 2010.

Last month WFS posted a US$9.3 million, or 33.6 percent, rise in net income during the second quarter of 2010 compared to the corresponding period last year.

Second quarter net income was $37.0 million, or $0.61, per share compared to $27.7 million, or $0.46 per share in the second quarter of 2009.

Non-GAAP net income for the second quarter, which excludes share-based compensation and amortization of acquired intangible assets, was $40.2 million, or $0.66 per share compared to $30.7 million, or $0.51 per share in the second quarter of 2009.

The company's marine segment generated a gross profit of $43.2 million, representing an increase of $3.8 million, or 10 percent sequentially, and $2.9 million, or 7 percent, from last year's results.

In March and June 2010, WFS also declared a quarterly cash dividend of $0.0375 per share