press release

Unocal donates $100,000 to emergency relief agencies; updates status of global operations

El Segundo, Calif., Sept. 12, 2001 - Unocal Corporation (NYSE: UCL) today announced it is donating $100,000 to support emergency relief efforts following Tuesday's terrorist attacks in New York and Washington, D.C.

The company is donating $50,000 to the American Red Cross and $50,000 to the September 11th Fund, a special fund established by the United Way and the New York Community Trust to respond to the pressing needs of the victims and their families.

"The attacks on innocent American civilians and military personnel is a national tragedy," said Charles R. Williamson, Unocal chief executive officer. "By these donations, we hope to assist immediate efforts now under way to help our fellow citizens whose lives have been disrupted by these heinous acts."

Unocal operations update

Williamson added that Unocal does not perceive any specific threats to its global operations or activities. "We are maintaining a higher level of security alert and have completed an operational check to be sure that our employees and facilities are safe," he said."

The company has asked all employees to defer non-essential business travel until the situation clarifies.

About Unocal Corporation

Unocal is one of the world's leading independent natural gas and crude oil exploration and production companies. The company's principal operations are located in North America (Gulf of Mexico region, Alaska and Canada) and in Asia (Thailand, Indonesia, Myanmar and Bangladesh). The company is also pursuing exploration programs in West Africa and Brazil.

Updated: September 2001