press release

Unocal's 4Q 2001 earnings conference call set for Jan. 29

El Segundo, Calif., Jan. 21, 2002 -- Unocal Corporation (NYSE: UCL) will discuss its fourth quarter and full-year 2001 financial and operating results in a conference call webcast on Unocal's web site ( on Tuesday, Jan. 29, 2002. The conference call will begin at 1:00 pm PST (4:00 pm EST).

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 and transcripts of the conference call will be available on the Unocal web site through Feb 28, 2002.

Robert E. Wright, vice president of Investor Relations for Unocal, will be the conference call moderator. Charles R. Williamson, Unocal's chairman and chief executive officer, will join him. Unocal will offer graphics during the call that can be viewed or downloaded on your computer from the Internet.

Unocal expects to announce its fourth quarter 2001 earnings results on Jan. 29 before the open of trading on the NYSE.

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 oil and gas operations are located in North America (Gulf of Mexico region, Alaska and Canada) and in Asia (Thailand, Myanmar, Indonesia, Bangladesh and Azerbaijan). The company is also pursuing exploration programs in Brazil and West Africa. Unocal is one of the world's largest producers of geothermal energy with operations in the Philippines and Indonesia.

Updated: January 2002