press release

Unocal schedules webcast of 3Q 2000 earnings conference call

El Segundo, Calif., Oct 19, 2000 -- Unocal Corporation (NYSE: UCL) will discuss its third quarter 2000 earnings in a conference call that will be webcast on Unocal's web site (www.unocal.com) on Wednesday, Oct. 25, 2000. The conference call will begin at 1:00 p.m. PDT (4:00 p.m. EDT).

Investors, analysts, stockholders, news media, employees and the general public are invited to listen to the webcast. Listeners can use RealPlayer or Windows Media Player. Replays of the conference call will be available through Nov. 30, 2000.

Robert E. Wright, vice president of Investor Relations for Unocal, will be the conference call moderator. He will be joined by Timothy H. Ling, executive vice president for North American Operations; Charles R. Williamson, executive vice president for International Energy Operations; and Terry G. Dallas, chief financial officer.

Unocal expects to announce its third quarter 2000 earnings results on Oct. 25 before the NYSE opens.

About Unocal Corporation

Unocal is one of the world's leading independent natural gas and crude oil exploration and production companies. At year-end 1999, the company had worldwide natural gas reserves of 6.6 trillion cubic feet, representing two-thirds of the company's overall hydrocarbon reserves. In North America, Unocal is one of largest independent natural gas producers, with current net production of 1 billion cubic feet per day.

Updated: October 2000