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Occidental Petrl. (OCP)

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Monday 19 February, 2001

Occidental Petrl.

Dividend Declaration

Occidental Petroleum Corp
19 February 2001


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We wish to advise you that the following action was taken by Occidental
Petroleum's Board of Directors on February 8, 2001:

     Declared a regular quarterly dividend on the Common Stock at $.25 per
     share, payable April 15, 2001 to stockholders of record on March 9, 2001.

LETTER FROM: OCCIDENTAL PETROLEUM CORPORATION


                                                                                

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