news releases

Occidental Petroleum Declares Dividend

LOS ANGELES, April 24, 2003 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.26 per share of common stock payable July 15, 2003, to stockholders of record on June 10, 2003. -0-

Contacts: Occidental Petroleum Corporation
          Lawrence P. Meriage (media)
            310-443-6562
          Kenneth J. Huffman (investors)
            212-603-8183
          On the Web: www.oxy.com