Process Announced for Exercising Options and Warrants in Advance of Mercury Air Group's Contingent Special Dividend

Process Announced for Exercising Options and Warrants in Advance
of Mercury Air Group's Contingent Special Dividend 


LOS ANGELES, Oct. 8  /PRNewswire-FirstCall/ -- In connection with Mercury Air
Group's (AMEX:MAX) declaration of a contingent one-time special dividend,
Holders of options, warrants and preferred stock who want to exercise or
exchange their securities for common stock will need to contact Mercury Air
Group and provide the appropriate documentation and funds in the case of option
and warrant exercises by October 13, 2004 to allow Mercury to have issued the
underlying common stock by the October 18, 2004 record date.

Please contact Wayne J. Lovett, Mercury Air Group's Executive Vice President,
at Mercury Air Group: [phone], ext. 183.

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/.

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.

For further information, please contact Wayne J. Lovett of Mercury Air Group,
Inc., [phone]; or media, David Herbst of The MWW Group,
[phone], for Mercury Air Group, Inc. 

DATASOURCE: Mercury Air Group



CONTACT:  Wayne J. Lovett of Mercury Air Group, Inc., [phone]; or

media, David Herbst of The MWW Group, [phone], for Mercury Air Group,

Inc.



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

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