FOR IMMEDIATE RELEASE


                ICAHN EXTENDS TENDER OFFER TO ACQUIRE CVR ENERGY
              AND ANNOUNCES ENHANCEMENT TO CONTINGENT VALUE RIGHTS


CONTACT: SUSAN GORDON, (212) 702-4309

New  York,  New  York, March 16, 2012 - Carl C. Icahn today announced that, as a
result of feedback from certain large shareholders of CVR Energy, Inc. regarding
the tender offer by his affiliates for all outstanding shares of common stock of
CVR  for  $30.00  per  share  in  cash,  plus  a  contingent  value  right:

-    The  tender  offer  has been extended and will now expire at 5:00 p.m., New
     York  City  time,  on  April 2, 2012 (the offer was previously scheduled to
     expire  at  12:00  midnight,  New  York  City time, on March 23, 2012); and

-    The  duration  of  the  contingent  value  right  (which  will  permit  ALL
     shareholders  to  share  in any upside realized from a sale of the company)
     has  been  extended  from 9 months to 15 months following the expiration of
     the  offer.

All other terms and conditions of the tender offer remain unchanged.


************
NOTICE  TO  INVESTORS

THE  COLBENT  CORPORATION,  THE  DEPOSITARY  FOR THE TENDER OFFER, HAS INDICATED
THAT,  AS  OF  MIDNIGHT,  NEW  YORK  CITY TIME, ON MARCH 15, 2012, APPROXIMATELY
17,387  SHARES  OF CVR ENERGY, INC.'S COMMON STOCK HAD BEEN VALIDLY TENDERED AND
NOT  WITHDRAWN  PURSUANT  TO  THE  TENDER  OFFER.

THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN
OFFER  TO  PURCHASE  NOR  A  SOLICITATION  FOR  ACCEPTANCE  OF  THE TENDER OFFER
DESCRIBED  ABOVE. THE OFFER IS BEING MADE ONLY PURSUANT TO THE OFFER TO PURCHASE
DATED  FEBRUARY  23,  2012, AS AMENDED, AND RELATED DOCUMENTS THAT CARL C. ICAHN
AND  CERTAIN  OF  HIS  AFFILIATES  DISTRIBUTED TO HOLDERS OF COMMON STOCK OF CVR
ENERGY,  INC.  AND  FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ("SEC") AS
EXHIBITS TO THEIR SCHEDULE TO. HOLDERS OF COMMON STOCK SHOULD READ CAREFULLY THE
OFFER  TO  PURCHASE  AND  RELATED  DOCUMENTS  BECAUSE  THEY  CONTAIN  IMPORTANT
INFORMATION,  INCLUDING  THE  VARIOUS  TERMS  OF,  AND CONDITIONS TO, THE OFFER.
HOLDERS  OF COMMON STOCK MAY OBTAIN A FREE COPY OF THE SCHEDULE TO, THE OFFER TO
PURCHASE  AND OTHER DOCUMENTS FROM THE SEC AT THE SEC'S WEB SITE AT WWW.SEC.GOV.

SECURITY  HOLDERS  ARE  ADVISED  TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS
RELATED  TO  THE  SOLICITATION  OF  PROXIES BY CARL C. ICAHN, HIGH RIVER LIMITED
PARTNERSHIP,  HOPPER  INVESTMENTS  LLC, BARBERRY CORP., ICAHN PARTNERS LP, ICAHN
PARTNERS  MASTER  FUND  LP,  ICAHN  PARTNERS MASTER FUND II L.P., ICAHN PARTNERS
MASTER  FUND  III  L.P., ICAHN ENTERPRISES G.P. INC., ICAHN ENTERPRISES HOLDINGS
L.P.,  IPH  GP  LLC,  ICAHN  CAPITAL  L.P., ICAHN ONSHORE LP, ICAHN OFFSHORE LP,
BECKTON  CORP.  AND CERTAIN OF THEIR RESPECTIVE AFFILIATES FROM THE STOCKHOLDERS
OF  CVR  ENERGY,  INC.  FOR  USE  AT  ITS  2012  ANNUAL MEETING WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION
RELATING  TO  THE  PARTICIPANTS  IN  SUCH  PROXY SOLICITATION. WHEN COMPLETED, A
DEFINITIVE PROXY STATEMENT AND A FORM OF PROXY WILL BE MAILED TO STOCKHOLDERS OF
CVR  ENERGY,  INC  AND WILL ALSO BE AVAILABLE AT NO CHARGE AT THE SECURITIES AND
EXCHANGE COMMISSION'S WEBSITE AT HTTP://WWW.SEC.GOV. INFORMATION RELATING TO THE
PARTICIPANTS  IN  A PROXY SOLICITATION IS CONTAINED IN EXHIBIT 1 TO THE SCHEDULE
13D  FILED  WITH  THE  SECURITIES  AND EXCHANGE COMMISSION ON FEBRUARY 16, 2012.