ConocoPhillips Directs $8 Million to Louisiana Communities

HOUSTON, July 10, 2006 --- ConocoPhillips today announced it will donate a combined $8 million to build a new community center in Belle Chasse, La., and to support educational programs in the Belle Chasse and Lake Charles, La., areas.

ConocoPhillips has extensive operations in both areas, including the 255,000 barrel-per-day (BD) Alliance refinery in Belle Chasse and the 239,000 BD Lake Charles refinery.

“Belle Chasse and Lake Charles community representatives played a key role in identifying projects that will benefit a broad cross section of residents and advance local education,” said Jim Mulva, chairman and chief executive officer of ConocoPhillips. “These are important communities for ConocoPhillips, and we want to be sure our outreach targets needs the communities regard as vital.”

ConocoPhillips will contribute $5 million to build a community center in Plaquemines Parish, providing a needed place for families to congregate. In addition, the Plaquemines Parish School District will receive $1 million to support academic programs that include science labs for physics, chemistry and biology instruction.

“We appreciate the contribution and the fact that ConocoPhillips asked what we needed most,” said Plaquemines Parish President Benny Rousselle. “ConocoPhillips’ contributions enable us to both improve our schools and build a community center that will serve generations of our citizens.”

The SOWELA Technical Community College in Lake Charles will receive $2 million from ConocoPhillips. The funds will be used to build a new industrial technology building to house the process technology, instrument technology and allied technical programs.

Stanley Leger, chancellor of SOWELA, said, “This generous contribution to construct an Industrial Technology Center helps us continue our mission to provide a lifelong teaching and learning environment for people in Lake Charles and all of southwest Louisiana. Because of damage to our campus from Hurricane Rita, our students need a new facility, which is now possible thanks to the company’s donation.”

The combined $8 million donation announced today is in addition to the previously announced $7 million in hurricane-related contributions given by ConocoPhillips in the Gulf Coast region following last year’s storms.

ConocoPhillips is an integrated petroleum company with interests around the world. For more information, go to www.conocophillips.com.

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Phil Blackburn

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ConocoPhillips

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