Press Release

01/30/02
ChevronTexaco Declares Dividend
SAN FRANCISCO, Jan 30, 2002 -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable March 11, 2002, to stockholders of record as of Feb. 15, 2002. The dividend rate is unchanged from the preceding quarter.