press release

CLAUDE P. MOREAU NAMED VICE PRESIDENT FOR THE CARIBBEAN/CENTRAL AMERICA REGION OF Texaco's INTERNATIONAL MARKETING AND MANUFACTURING OPERATIONS

FOR RELEASE: THURSDAY, FEBRUARY 3, 2000.

WHITE PLAINS, N.Y., Feb. 3 - Claude P. Moreau has been named Vice President for the Caribbean/Central America Region of Texaco's International Marketing and Manufacturing (TIMM) operations, effective March 1, it was announced today by Eugene Celentano, Vice President of Texaco Inc. and President of TIMM.

In making the announcement, Celentano said, "Claude's proven international business and marketing experience will enable him to lead Texaco's continued growth in this important part of our international marketing operations. His excellent business acumen, combined with the strong working relationships he has already established in this geographic area, will further strengthen the company's competitive advantage and brand value throughout the region."

Moreau was graduated from Laval University in Canada with a bachelor of science degree in finance in 1977. He joined Texaco International Ltd. in Cameroon, West Africa, in 1993 following six years of various marketing assignments of increasing responsibility with Texaco Canada Inc. Moreau was appointed Manager - Texaco Cameroon in 1994. He was named Assistant Manager in Puerto Rico the following year and, in 1996, he was appointed Country Manager of Puerto Rico. In January of 1999, he was named Director of Marketing for the Caribbean/Central America Region of TIMM and relocated to Coral Gables, Fla. In his new assignment, Moreau will continue to be located in Coral Gables.

Moreau succeeds J. Carey McHugh who has been appointed Vice President for the Southern Cone Region of South America for TIMM.

Updated: February 2000