Correct: Fitch Ratings Conference Call on Venezuela's Oil Ratings Tues, April 16 @ 10:30 a.m. EDT.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 12, 2002

Correct: Fitch Teleconf: Venezuela's Oil Rts 4/16 @ 10:30am EDT

(In a press release sent earlier, the date in the headline was incorrect. The correct date is Tues, April 16. The amended release follows.)

Fitch Ratings will hold an in-depth conference call on the current situation in Venezuela and its implications for Venezuela's Oil Ratings on Tuesday, April 16 at 10:30 a.m. (EDT). Alejandro Bertuol, Senior Director, will be hosting the call and commenting on PDVSA; Carlos Fiorillo, Managing Director in Venezuela office, will give a first-hand assessment of recent developments; Greg Kabance, Senior Director, will be commenting on PDVSA Finance; Caren Chang, Associate Director, will be commenting on PDVSA's project finance ratings; and Bryan Caviness, Director will be commenting on Citgo Petroleum. The presentations will be followed by a question and answer session. If you would like to submit questions prior to the call please contact James Jockle at 1-212-908-0547.

Participants should call 1-800-230-1951 and international participants should dial 1-612-332-0107. All participants should dial in ten minutes prior to the 10:30 a.m. EDT start time and give the title of the call - 'Fitch Venezuela'. The access code is '635586'. Interested parties who are not available for the teleconference will be able to hear a replay of the call starting April 16 at 7:15 p.m. EDT, and running until April 23, 2002 at 11:59 p.m. EDT. Domestic listeners should dial 1-800-475-6701 and international listeners should dial 1-320-365-3844 and use the access code '635586'.