Occidental Petroleum Corp
5 August 2002


LETTER TO: RNS
LETTER DATED: JULY 18, 2002


We wish to advise you that the following action was taken by Occidental 
Petroleum's Board of Directors on July 18, 2002:

     Declared a regular quarterly dividend on the Common Stock at $.25 per 
     share, payable October 15, 2002 to stockholders of record on September 
     10, 2002.
 

LETTER FROM: OCCIDENTAL PETROLEUM CORPORATION


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