Chevron Introduces Limited Edition Gift Card Featuring No. 42 Texaco/Havoline(R) Car and Driver Juan Pablo Montoya

SAN RAMON, Calif., July 31, 2007—In celebration of Texaco's 20th anniversary in sponsoring stock car racing and a successful season for rookie driver Juan Pablo Montoya, Chevron Products Company introduced its special limited edition gift card carrying the image of the No. 42 Texaco/Havoline race car and driver Juan Pablo Montoya. The Texaco/Havoline branded gift cards are now available for purchase in denominations up to $100 at participating Texaco stations or online at www.texaco.com.

"The special edition No. 42 Texaco/Havoline gift card commemorates a thrilling 20th season for Texaco in stock car racing and the performance of new driver Juan Pablo Montoya following his victory in Sonoma," said Danny Roden, Vice President, North America Marketing for Chevron. "Our pre-paid gift cards have been a popular feature at Chevron and Texaco retail locations since we introduced them to consumers two years ago, and these limited edition gift cards are sure to be a fan favorite as the excitement surrounding the race for the Cup intensifies."

The limited edition Texaco/Havoline gift cards are accepted at all Texaco and Chevron stations. Designed to build customer loyalty and offer a convenient payment method, the electronic gift cards enable consumers to pay in advance for future purchases of Chevron and Texaco products. Consumers can use the gift cards to purchase gas, snacks and services conveniently at the gas pump or inside retail stores at both Chevron and Texaco stations.

Texaco continues to sponsor the No. 42 Texaco/Havoline race team and is proud that this year marks its 20th anniversary as a primary sponsor in Cup racing. For more than 100 years, Texaco has grown into one of the most iconic, trusted and familiar brands in the world.

Through its long-term sponsorship of motorsports, Texaco/Havoline Racing has conducted product testing in the most demanding of laboratories—high-speed automobiles performing on the tracks and roads of the international racing circuit. Such commitment helps maintain the excellence of Texaco/Havoline products and builds customer loyalty among the millions of racing fans in the United States and around the world. Additional information on everything racing—from the history of Texaco/Havoline Racing to racing news, statistics and merchandise—can be found at www.texacohavoline42.com.

Chevron Corporation is one of the world's leading energy companies. With more than 56,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining and marketing and distributing fuels and other energy products. Chevron Products Company is a division of Chevron U.S.A. Inc., a wholly owned indirect subsidiary of Chevron Corporation. Chevron is based in San Ramon, California. More information about Chevron is available at www.chevron.com.

# # #