press release

Unocal to hold annual analyst meeting

El Segundo, Calif., Nov. 15, 2002 - Unocal Corporation (NYSE: UCL) will hold its annual analyst meeting Wednesday, Nov. 20, from 1 p.m. to 5:15 p.m. EST in New York City.

The meeting will feature presentations by Unocal executives, including Charles R. Williamson, chairman and chief executive officer, and Timothy H. Ling, president and chief operating officer.

The entire program will be video webcast via Unocal's web site. To access the webcast, click on the "Analyst Meeting Webcast" link on the home page. A schedule of the presentations will be posted on the web site. Viewers can log into the webcast 15 minutes prior to start of the program.

The live analyst meeting will be streamed in RealPlayer and Windows Media Player formats. Replays will be available until Dec. 31, 2002.

The slides used in the presentations can also be downloaded in pdf format.

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 and Asia.

Updated: November 2002