Westway Terminal Company, Inc. Reaches New Agreement for Lube Oil Storage

NEW YORK--(Business Wire)--
Shermen WSC Acquisition Corp. (OTCBB: SACQU) ("Shermen"), a special-purpose
acquisition company which has agreed to acquire the bulk liquid storage and
liquid animal supplement businesses of ED&F Man Holdings Limited ("ED&F Man"),
today announced that Westway Terminal Company, Inc. ("Westway Terminal"), a
subsidiary of ED&F Man being acquired by Shermen, has reached an agreement with
an international petroleum company for the storage of lube oils at its Port
Allen, Louisiana Terminal. This agreement is scheduled to commence August 1,
2009 for 73,000 barrels of existing tankage and October 1, 2010 for 95,000
barrels of new construction.

This new agreement provides for the expansion of Westway`s Port Allen, Louisiana
Terminal, which currently has a capacity of 387,500 barrels. This will be Phase
I of Westway`s Port Allen expansion with plans for additional expansion to
follow.

This new agreement is expected to add approximately $2,200,000 in annual revenue
when completed.

This expansion at Port Allen follows Westway`s strategic plan and builds on
Westway`s global platform providing a distribution network and high quality
services to it`s customers.

Shermen has agreed to acquire ED&F Man`s bulk liquid storage business, including
Westway Terminal, and liquid animal supplement business pursuant to a
Transaction Agreement, dated as of November 25, 2008 and amended and restated as
of May 1, 2009, by and among Shermen, ED&F Man, Westway Terminal and certain
other entities (the "Transaction Agreement"). Shermen`s stockholders of record
as of the close of business on May 7, 2009 will vote on approval of the
transactions contemplated by the Transaction Agreement at Shermen`s annual
meeting of stockholders on May 26, 2009.

About Shermen

Shermen is a "blank check" company organized under the laws of the State of
Delaware for the purpose of acquiring, through a merger, capital stock exchange,
asset acquisition, stock purchase or other similar business combination, an
operating business in the agriculture industry. In 2007, Shermen through its
initial public offering raised, net of fees and expenses, approximately $131.5
million including $3.65 million in a private placement of warrants that were
deposited into a trust account. Shermen has dedicated its time since the initial
public offering to seeking and evaluating business combination opportunities.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. We have based these forward-looking
statements on our current expectations and projections about future events.
These forward-looking statements are subject to known and unknown risks,
uncertainties and assumptions about us that may cause our actual results, levels
of activity, performance or achievements to be materially different from any
future results, levels of activity, performance or achievements expressed or
implied by such forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as "may," "should," "could,"
"would," "expect," "plan," "anticipate," "believe," "estimate," "continue," or
the negative of such terms or other similar expressions. Factors that might
cause or contribute to such a discrepancy include, but are not limited to, those
described in our other SEC filings.

Additional Information and Where to Find It

This press release is not a proxy statement or a solicitation of proxies from
Shermen`s stockholders. Any solicitation of proxies will be made only by the
definitive proxy statement of Shermen mailed to all stockholders.

In connection with the proposed business combination contemplated by the
Transaction Agreement, Shermen filed a definitive proxy statement with the SEC
on May 14, 2009 and has mailed copies of the definitive proxy statement to
Shermen stockholders who are entitled to attend and vote at the annual meeting.
Stockholders of Shermen and other interested persons are advised to read the
definitive proxy statement, as well as other relevant documents filed with the
SEC when they become available because they contain important information about
Shermen, ED&F Man and the proposed transaction. Stockholders may obtain a free
copy of the proxy statements and other documents, once available, filed by
Shermen at the SEC`s web site at http://www.sec.gov or by directing a request to
Shermen WSC Acquisition Corp., c/o The Shermen Group, 230 Park Avenue, Suite
1000, New York, NY 10169, telephone (212) 300-0020. The proxy statements or
applicable parts of such statements may also be notified to the public in
accordance with the rules of the Over-the-Counter Bulletin Board.

Shermen and its directors and officers may be deemed participants in the
solicitation of proxies from Shermen`s stockholders. A list of the names of
those directors and officers and descriptions of their interests in Shermen is
contained in Shermen`s prospectus dated May 24, 2007, and definitive proxy
statement dated May 14, 2009, each of which is filed with the SEC.

Shermen WSC Acquisition Corp.
Francis P. Jenkins, III, 212-332-2858
or
Lazard Capital Markets LLC
David G. McMillan, Jr., 212-632-6719

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