Neovia Announces Extension of Tender and Exchange Offer

2/7/17

Neovia Logistics, LP hereby announces that its direct parent, Neovia Logistics Intermediate Holdings, LP and Neovia Logistics Intermediate Finance Corporation are extending the Expiration Date and the Final Settlement Date (each as defined below) of their previously announced private offer  to certain eligible noteholders of their 10.00%/10.75% Senior PIK Toggle Notes due 2018 (CUSIP Nos 64066FAA1 and U64058AA5) (the "Existing Notes"), upon the terms and subject to the conditions set forth in the Confidential Tender and Exchange Offer Statement and Consent Solicitation Statement (as amended and supplemented by the supplement, dated as of January 12, 2017 and as it may be further supplemented and amended from time to time, the "Tender and Exchange Offer and Consent Solicitation Statement") and the accompanying Consent and Letter of Transmittal (as it may be supplemented and amended from time to time, the "Consent and Letter of Transmittal"), to purchase and/or exchange Existing Notes validly tendered and to solicit consents (the "Consent Solicitation") to certain proposed amendments to the indenture governing the Existing Notes, as described in the Tender and Exchange Offer and Consent Solicitation Statement and the accompanying Consent and Letter of Transmittal.

The Tender and Exchange Offer and Consent Solicitation Statement is hereby amended to extend the Expiration Date to 12:00 midnight, New York City time, at the end of February 14, 2017, unless extended (the "Expiration Date").

Subject to the terms and conditions of the Tender and Exchange Offer, the Issuers will settle all tenders on a date promptly after the Expiration Date (the "Final Settlement Date").

The deadline for Eligible Holders who validly tendered their Existing Notes to withdraw tenders of their Existing Notes and revoke consents has expired and is not being extended pursuant to this press release.

Capitalized terms used herein applicable to the Tender and Exchange Offer or the Consent Solicitation but not defined in this press release have the meaning ascribed to them in the Tender and Exchange Offer and Consent Solicitation Statement.

About Neovia

Neovia is a global non-asset based provider of service parts logistics, offering customized solutions to assist our clients in designing, managing and optimizing their supply chains. Neovia provides fully integrated supply chain solutions to approximately 55 large and mid-sized clients, primarily in the automotive and industrial service parts industries. Through these services, and its proprietary advanced information systems, it is able to provide our clients with tailored solutions that improve efficiency, reliability and control throughout their supply chains. Service parts logistics addresses the need for replacement aftermarket parts for automobiles, industrial machinery, infrastructure, plants and equipment. Specifically, once finished goods are produced by an original equipment manufacturer, service parts logistics helps dealers, intermediaries and end-customers acquire parts for immediate use or to replenish inventory levels.

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