DUBLIN, IRELAND 20 February 2007 - The Texaco-branded Motorpoint service station on Military Road, Waterford is back to full scale operations following completion of a €1million rebuild that has seen it transformed into one of the leading outlets in the Texaco network and one of the busiest in Waterford City.

The knockdown and rebuild project, carried out over a 12-month period, was completed in two phases beginning with the installation of new underground tanks and ancillary services which was completed last year. This was followed by a second phase of construction involving the complete redevelopment of the site.

Work included the building of a completely new forecourt comprising three service islands with four pumps per island, an extended overhead canopy and two car wash bays along with the construction and fitting out of a modern convenience store trading under the Musgrave-owned Daybreak brand.

The outlet is managed by Waterford-born Brian Matthews who returned to Waterford from London some 13 years ago to take over management at the station. It has a staff of 12 persons and is open 18 hours a day, year-round.

Brian Matthews, Owner Manager, Motorpoint Service Station, Military Road, Waterford with some of his team

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1) Texaco is a Chevron company brand. Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business across the globe. The company's success is driven by the ingenuity and commitment of approximately 59,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops and commercializes the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, California. More information about Chevron is available at www.chevron.com.

2) There are approximately 230 Texaco-branded service stations in Ireland and more than 1,300 across Europe. Chevron (Ireland) Limited also provides aviation refueling services at Dublin and Shannon Airports, has an extensive commercial and industrial fuels and lubricants business and holds an equity stake in four fuel storage facilities in the Republic of Ireland. For more information, visit www.texaco.ie.

3) The Texaco Children’s Art Competition, which celebrated its 50th anniversary in 2004, is the longest running sponsorship in the history of arts sponsoring in Ireland. It began life in 1955 and since then it has enjoyed an unbroken history of success. Past winners whose early interest in art and the arts may well have been encouraged by their participation in the Competition include artists Bernadette Madden, Dorothy Cross, Graham Knuttel and Robert Ballagh, fashion designer Paul Costello, broadcasters Thelma Mansfield and Terry Prone, ICTU General Secretary David Begg, politican Ruairi Quinn, novelist Clare Boylan, actress Jean Anne Crowley and musician Ethna Tinney. In addition, one can only imagine the countless other winners whose early love of art was fostered by this Competition and who still reflect this warmth in their daily lives as adults, parents and teachers. For more information on Chevron (Ireland) Limited, contact Daniel Schraibman on +44 207 719 4459 or email danielschraibman@chevron.com.