press release

Texaco Press Release - Texaco and Chevron Pledge $5 Million Each to Relief Efforts


WHITE PLAINS, N.Y., Sept. 13 -- Texaco and Chevron announced today that the companies are each pledging $5 million to the relief effort in response to Tuesday's terrorist attacks in the United States. Both companies will work with national, state and local relief agencies to distribute the funds where they are needed most.

In a joint statement, Glenn F. Tilton, chairman and CEO of Texaco Inc., and Dave O'Reilly, chairman and CEO of Chevron Corp., said, "The scenes we have witnessed surrounding this horrific tragedy cannot come close to approximating the true magnitude of these terrorist attacks. All of us share deep feelings of sympathy for those who lost mothers, fathers, sons or daughters, neighbors, friends or colleagues.

"While we grieve, we also turn our attention to the daunting challenge of rescue, relief and recovery, and we recognize the financial and logistical scale of these efforts. We hope this pledge will help in some way with the necessary work that must be done in the coming days, weeks and months."

Texaco and Chevron, which are merging, are also encouraging their employees to consider helping on a personal level, by donating blood or by making a financial contribution to an appropriate relief agency.

Updated: September 2001