Occidental Petroleum Corp
24 July 2000


Letter to Company Announcements Office - dated 20 July 2000

We wish to advise you that the following action was taken by Occidental
Petroleum's Board of Directors on July 20, 2000:

     Declared a regular quarterly dividend on the Common Stock at $.25 per      
    share, payable October 15, 2000 to stockholders of record on September 8,   
   2000.

Letter from Occidental Petroleum Corporation.