The following letter was mailed to shareholders:
  1. International Fuel Technology, Inc. ("IFT") will issue a restricted stock dividend to shareholders of record at the close of business on February 4, 2009 (the "Record Date") in the amount of 1 restricted share for every 25 common shares owned. Fractional shares will be rounded up. The distribution date will be February 10, 2009. The restricted stock dividend will be subject to resale conditions pursuant to Rule 144 of the Securities and Exchange Act.
  2. IFT would also like to encourage shareholders whose shares are held in street name with a broker-dealer to request physical delivery of their share certificates to potentially mitigate the short selling of IFT shares.
  3. For answers to any related questions, please our website: www.internationalfuel.com (see Contact Page).

 

For additional inquiries, please contact: Stuart Beath