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Occidental Petrl. (OCP)

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Friday 25 April, 2003

Occidental Petrl.

Dividend Declaration

Occidental Petroleum Declares Dividend

LOS ANGELES, April 24, 2003 (PRIMEZONE) -- Occidental Petroleum
Corporation (NYSE:OXY) said today that its board of directors has
declared a regular quarterly dividend of $.26 per share of common stock
payable July 15, 2003, to stockholders of record on June 10, 2003.

Contacts: Occidental Petroleum Corporation
 Lawrence P. Meriage (media)
 310-443-6562
 Kenneth J. Huffman (investors)
 212-603-8183
 On the Web: www.oxy.com
                              

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