press release

Chevron Announces Quarterly Dividend

SAN RAMON, Calif., April 26, 2006 -- The Board of Directors of Chevron Corporation on April 26, 2006 declared a quarterly dividend of 52 cents per share, an increase of 15.5 percent compared with the previous dividend payment of 45 cents. The dividend is payable June 12, 2006, to stockholders of record as of May 19, 2006. Chevron has an unbroken record of annual dividend payment increases of 19 consecutive years.

Published: April 2006