Occidental Petrl.

R. Chad Dreier Elected To Occidental Board Of Dire

R. CHAD DREIER ELECTED TO OCCIDENTAL BOARD OF DIRECTORS

LOS ANGELES, Dec 10, 2002 (PRIMEZONE) -- Occidental Petroleum
Corporation (NYSE: OXY) (London:OXYp) announced today the election to
its board of directors of R. Chad Dreier, president and chief executive
officer since 1993 of The Ryland Group, a national homebuilder. Mr.
Dreier joins 9 other independent, outside directors and 2 members of
management who comprise the current board.

Mr. Dreier, 55, began his business career as an auditor and Certified
Public Accountant with the public accounting firm now known as Ernst &
Young. Prior to assuming his current position, he served as chief
financial officer of KB Home.

Mr. Dreier is involved in a variety of civic, philanthropic and
educational endeavors, including serving as Chairman of the Board of
Trustees of Loyola Marymount University in Los Angeles since 1998.

Contacts: Lawrence P. Meriage (media)
          310-443-6562
          Kenneth J. Huffman (investors)
          212-603-8183