Chevron Singapore Pte. Ltd., which markets the CaltexTM brand, has decreased the retail price of its Silver with Techron® petrol effective from 8:00 pm, Monday, 22 January 2007.

Following their earlier pump price reduction at 4pm today, retail pump prices for Synergy petrol at all Esso and Mobil service stations in Singapore will be reduced by a further 1 cent a litre for Synergy 5000 and Synergy 2000 from 7.00pm today.

This means that retail pump prices for Synergy petrol and diesel at all Esso and Mobil service stations in Singapore are reduced by 5 cents a litre across all grades for Synergy 8000, Synergy 5000, Synergy 2000. and Synergy diesel.

Singapore Petroleum Company Limited (“SPC”) reduces pump prices across its network of 39 service stations effective 5.30 pm today to reflect current market conditions.

Prices for SPC motor gasoline across all three grades and SPC diesel will be reduced by five cents per litre.

Chevron Singapore Pte. Ltd., which markets the CaltexTM brand, has decreased the retail prices of all grades of petrol and diesel effective from 4:30 pm, Monday, 22 January 2007.

Pump prices were reduced by $0.05 per litre for Gold with Techron® petrol and Power Diesel; S$0.04 per litre for Silver with Techron petrol; and S$0.03 per litre for Platinum with Techron petrol.