WORLD KINECT CORP — Director's Dealing 2011

May 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WORLD FUEL SERVICES CORP (INT)
CIK: 0000789460
Period of Report: 2011-05-10

Reporting Person: CLEMENTI MICHAEL (Pres, World Fuel Services Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-10	Common Stock	M	100000	$12.98	Acquired	203203.678	Direct
2011-05-10	Common Stock	D	59390	$35.96	Disposed	143813.678	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-10	Stock-Settled Stock Appreciation Right	$12.98	M	50000	Disposed	2013-04-14	Common Stock (50000)	Direct
2011-05-10	Stock-Settled Stock Appreciation Right	$12.98	M	50000	Disposed	2013-04-14	Common Stock (50000)	Direct

Footnotes

F1: Includes shares withheld by the issuer to pay the applicable taxes for the SSAR conversions reported in Table II of this Form 4.

F2: The number shown is the fair market price for the issuer's common stock at the time of conversion of the stock-settled stock appreciation rights.

F3: These SSARs vest 50% on the third anniversary of the grant date and 50% on the fifth anniversary of the grant date.

F4: These SSARs were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.

F5: These SSARs were previously reported as covering 50,000 shares at a conversion price of $25.96 per share, but were adjusted to reflect the stock split on December 7, 2009.