HOC Holly Corp.

Holly Corporation Second Quarter 2004 Earnings Release and Conference Call DALLAS, July 16 /PRNewswire-FirstCall/ -- Holly Corporation (NYSE:HOC) plans to announce results for the quarter ended June 30, 2004 on August 4, 2004. The company has scheduled a conference call on August 5, 2004 at 10:00AM EDT to discuss financial results. Listeners may access this call by dialing (800) 858-5936. The ID# for this call is 8850411. Additionally, listeners may access the call through the Holly Corporation web site: http://www.hollycorp.com/ . A link to the call will be posted at this website prior to August 5. Holly Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel and jet fuel. Holly operates through its subsidiaries a 75,000 bpd refinery located in Artesia, New Mexico, a 25,000 bpd refinery in Woods Cross, Utah, and an 8,000 bpd refinery in Great Falls, Montana. DATASOURCE: Holly Corporation CONTACT: Stephen J. McDonnell, Vice President and Chief Financial Officer, or M. Neale Hickerson, Vice President-Treasury & Investor Relations, both of Holly Corporation, +1-214-871-3555 Web site: http://www.hollycorp.com/

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