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Valvoline Gross Profit

3 Month Rolling Average (%)*

	2003	2004	2005	2006	2007	2008
Jan	26.6	27.5	26.7	21.4	24.5	24.2
Feb	26.8	27.4	27.4	21.6	25.1	24.0
Mar	27.2	27.7	28.3	22.0	25.6	24.4
Apr	26.8	28.3	28.8	21.4	25.1
May	27.7	28.5	28.1	20.4	25.3
Jun	28.5	28.7	25.9	20.2	25.1
Jul	29.7	29.1	25.4	19.6	25.9
Aug	29.8	29.6	25.6	19.0	25.5
Sep	28.7	28.5	25.4	16.0	24.6
Oct	28.1	27.7	24.5	17.9	24.3
Nov	27.5	26.4	23.0	19.7	24.6
Dec	28.3	26.8	22.1	23.8	24.7

12 Month Rolling Average (%)*

	2003	2004	2005	2006	2007	2008
Jan	28.8	28.1	28.0	25.1	20.7	24.9
Feb	28.7	28.1	28.0	24.7	21.0	24.9
Mar	28.3	28.3	28.1	23.9	21.4	24.7
Apr	28.0	28.4	28.1	23.2	21.7
May	28.0	28.3	27.9	22.6	22.3
Jun	28.1	28.3	27.4	22.4	22.6
Jul	28.1	28.3	27.2	21.7	23.3
Aug	28.2	28.3	26.9	20.9	23.9
Sep	27.7	28.3	26.6	19.9	24.8
Oct	27.8	28.2	26.4	20.0	25.0
Nov	28.0	28.0	26.0	20.1	25.1
Dec	28.2	27.9	25.5	20.4	25.0

*NOTE: August and September 2007 information (and 3 and 12 month rolling averages that contain August and September 2007 information) is affected by the 13 month foreign reporting impact described on the Business Fundamentals page of this website.