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Occidental Petrl. (OCP)

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Monday 16 July, 2001

Occidental Petrl.

Dividend Declaration

Occidental Petroleum Corp
13 July 2001

Letter to Company Announcements Office

Letter dated 12 July 2001

We wish to advise you that the following action was taken by Occidental
Petroleum's Board of Directors on July 12, 2001:

Declared a regular quarterly dividend on the Common Stock at $.25 per share,
payable October 15, 2001 to stockholders of record on September 10, 2001.

Letter from Occidental Petroleum Corporation


                                                                  

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