Press Release

10/29/08
Chevron Announces Quarterly Dividend

SAN RAMON, Calif.--(BUSINESS WIRE)--Oct. 29, 2008--The Board of Directors of Chevron Corporation (NYSE:CVX) today declared a quarterly dividend of 65 cents per share. The dividend is payable December 10, 2008, to holders of common stock as shown by the transfer records of the Corporation at the close of business November 18, 2008.

CONTACT:
Chevron Corporation
Don Campbell, 925-842-2589

SOURCE: Chevron Corporation