press release

Texaco Press Release - Texaco Sponsors Table Tennis Tournament In Support Of International Sporting Event

FOR RELEASE: SEPTEMBER 16, 2000

Almaty, Kazakhstan, September, 16, 2000 Texaco announced today that it is to be the main sponsor of the Table Tennis Cup of the Republic of Kazakhstan.

The tournament, which takes place in Almatys Central Stadium today , features participants from Eurpopean Community, Korea, The United States, Germany, China, Israel, Poland, Lebanon as well as Kazakhstans own national table tennis team.

Prime Minister Tokaev will open the tournament and afterwards present awards to the winners.

According to Vadim Zverkov, Vice President of Table Tennis Federation: "This tournament is a terrific opportunity for cultural exchange and increased interaction among the members of our diplomatic community. It also provides a venue to exhibit our expertise in table tennis."

The two-day tournament will pit members of the different embassies against their counterparts from other countries and the Kazakhstan national table tennis team. More than 50 players are expected to take part in the tournament.

"Our support for this tournament reflects our belief in helping people of all ages to realize their potential in the sports arena, as well as in other areas of life" said David Goodner, Managing Director of Texaco's operations in Kazakhstan. "We are particularly pleased to help allow this important international event to be held here in Kazakhstan."

The tournaments will be broadcast on Khabar television sport section on September 16, 2000.

Texaco has supported community activities since the company entered Kazakhstan in 1997 when it acquired a 20 percent interest in the Karachaganak field. Texaco philanthropic efforts have grown as the company has built its business in Kazakhstan with the purchase of a 65 percent interest in the North Buzachi field in the Mangistau region in 1998. Texaco has offices in Almaty, Astana, Aktau and Aksai and operates modern gasoline stations in Almaty and Astana

Updated: September 2000