Norman, Oklahoma; Tuesday February 9, 2010

On behalf of the directors, it is with great pleasure that we announce the appointment of Robert A. (Bob) Hubbard as President of John M. Campbell & Company.

But before going further I would like to recognize Steve Staggs.  Doug Eaton was our most recent President;  he retired in September 2009.  As you know this past 12 months or so has been a trying period for our country, for our industry and of course for JMC.  After Doug’s departure the burden fell largely on Steve Staggs to steady the ship.  He not only steadied the ship but ensured that it continued to move forward with important initiatives.  His calm and deliberate leadership during this period was important to our company.

On behalf of the directors of the company I have conveyed our thanks to Steve for his continuing efforts and especially the leadership shown during these recent months.

Bob Hubbard is chemical engineer (Kansas State) and also holds an MBA degree from Tulane University.  Tulane is in New Orleans; Bob has been a little exuberant after the Saints win in the Super Bowl!  Bob’s connection with the company goes back many years and he held JMC executive positions before leaving a few years ago to become professor at the University of Oklahoma (OU).  Bob and his wife, Jamie, make their home in Norman

Throughout the intervening years he remained an active member of the Board of Directors of JMC.  Bob renewed his involvement with JMC a few months ago after establishing a thriving natural gas program at OU.

At the Directors meeting yesterday afternoon Bob accepted the position of President of JMC.  Please join in welcoming Bob to his new duties.