press release

Chevron Press Release - Chevron Stockholders Re-elect 13 Directors 1997-04-30

SAN FRANCISCO, April 30, 1997 - Chevron Corporation stockholders today elected 13 incumbent directors for one-year terms and voted to retain Price Waterhouse as the company's independent auditor.

In other actions, stockholders voted against canceling future plans for oil drilling in a specific section of the Arctic National Wildlife Refuge and against development of country selection guidelines tied to social issues.

Stockholders also approved amendments to the company's stock plan for non-employee directors, and to amendments to the company's Long-Term Incentive and Management Incentive plans.

Updated: April 1997