SAN RAMON, Calif., Oct. 28 /PRNewswire/ -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) on October 27, 2004 declared a quarterly dividend of 40 cents per share, payable Dec. 10, 2004, to stockholders of record as of Nov. 18, 2004. ChevronTexaco has an unbroken record of annual dividend payment increases of 17 consecutive years.

SOURCE ChevronTexaco Corp.
Stan Luckoski of ChevronTexaco Corp.,
925-842-2589
/Web site: http://www.chevrontexaco.com /