Press Release

10/30/02
ChevronTexaco Declares Dividend
SAN FRANCISCO, Oct 30, 2002 -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable Dec. 10, 2002, to stockholders of record as of Nov. 18, 2002. The dividend rate is unchanged from the preceding quarter.

SOURCE ChevronTexaco Corporation