Mercury Air Group, Inc. Announces Settlement Agreement

Mercury Air Group, Inc. Announces Settlement Agreement 


LOS ANGELES, July 16  /PRNewswire-FirstCall/ -- Mercury Air Group, Inc.
(AMEX:MAX) announced that it entered into a settlement agreement with David H.
Murdock (Murdock) and related parties.  Mercury and Murdock agreed to enter
into a certain mutual release of claims, and Mercury agreed to pay $525,000 to
Murdock representing all costs, fees and expenses incurred by Murdock in
connection with the settlement agreement and due diligence investigation and in
consideration for Murdock's execution of the mutual release of claims.  In
addition, Murdock agreed to sell and Mercury agreed to purchase 150,000 shares
of Mercury's common stock for $6.00 per share.

Mercury's President and Chief Executive Officer, Joseph A. Czyzyk, said, "By
entering into this agreement, Mercury is able to focus its efforts on its
business and profitability for the benefit of all of its shareholders."

About Mercury Air Group

Los Angeles-based Mercury Air Group (AMEX:MAX) provides aviation petroleum
products, air cargo services and transportation, and support services for
international and domestic commercial airlines, general and government aircraft
and specialized contract services for the United States government.  Mercury
Air Group operates three business segments worldwide: MercFuel, Inc., Maytag
Aircraft Corporation and Mercury Air Cargo, Inc.  For more information, please
visit http://www.mercuryairgroup.com/.

Certain statements contained in this news release which are not historical
facts are forward looking statements as that item is defined in the Private
Securities Litigation Reform Act of 1995.  Such forward-looking statements are
subject to risks and uncertainties that could cause actual results to differ
materially from estimated results.  Such risks and uncertainties are detailed
in the Company's filings with the Securities and Exchange Commission.  The
Company intends these forward looking statements to speak only as of the time
of the news release and does not undertake to update or revise them, as more
information becomes available.

For further information, please contact David Herbst, or Larry Barrios, both of
MWW Group, [phone], for Mercury Air Group, Inc. 

DATASOURCE: Mercury Air Group, Inc.



CONTACT:  David Herbst, or Larry Barrios, both of MWW Group,

[phone], for Mercury Air Group, Inc.



Web site:  http://www.mercuryairgroup.com/ 

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