Notes: August 7, 2013 -- Murphy Oil Corporation (NYSE:MUR) announced today that its Board of Directors has approved both the spin-off of its U.S. retail marketing business and the regular quarterly dividend. The spin-off of the U.S. retail marketing business will be achieved through the distribution of 100% of the shares of Murphy USA Inc. (MUSA) to holders of Murphy Oil common stock. Murphy Oil shareholders entitled to receive the distribution will receive a book-entry account statement or a credit to their brokerage account reflecting their ownership of MUSA common stock. Murphy Oil shareholders should retain their Murphy Oil stock certificates. The distribution of MUSA shares is expected to be completed after the market close on August 30, 2013, with Murphy Oil shareholders receiving one share of MUSA common stock for every four shares of Murphy Oil common stock held at the close of business on the record date of August 21, 2013. Fractional shares of MUSA common stock will not be distributed. Following the distribution of MUSA common stock on August 30, MUSA will be an independent, publicly traded company. MUSA has received approval for the listing of its common stock on the New York Stock Exchange under the symbol MUSA. Murphy Oil expects that a when-issued public trading market for MUSA common stock will commence on or about August 19, 2013 under the symbol MUSAwi, and will continue through the distribution date. Murphy Oil also anticipates that regular way trading of MUSA common stock will begin on September 3, 2013, the first trading day following the distribution date. more….