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Tesoro Corporation to Release Fourth Quarter and Full Year 2016 Earnings

SAN ANTONIO - January 16, 2017 - Tesoro Corporation (NYSE:TSO) plans to release its earnings for the fourth quarter and full year 2016 after the market closes on Monday, February 6, 2017. The Company will live broadcast its conference call with analysts regarding fourth quarter and full year results and other business matters on Tuesday, February 7, 2017 at 7:30 a.m. CT. Interested parties may listen to the conference call by logging on to www.tsocorp.com .

Tesoro Corporation, a Fortune 100 company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates seven refineries in the western United States with a combined capacity of over 895,000 barrels per day and ownership in a logistics business, which includes interest in Tesoro Logistics LP (NYSE: TLLP) and ownership of its general partner. Tesoro's retail-marketing system includes over 2,400 retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA Gasoline(TM), Rebel(TM) and Tesoro® brands.

Sam Ramraj, Vice President, Investor Relations, (210) 626-4757

Tesoro Media Relations, Media@tsocorp.com, (210) 626-7702