press release

Unocal board declares regular quarterly dividend

El Segundo, Calif., March 28, 2000 - Unocal Corporation's (NYSE: UCL) board of directors today declared a regular quarterly dividend of 20 cents per share on the common stock of the company.

The dividend is payable May 10, 2000, to stockholders of record April 10, 2000.

Unocal is a leading global oil and gas exploration and production company with significant pipeline and power plant projects worldwide.

Updated: March 2000