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OCCIDENTAL ANNOUNCES ODD-LOT STOCK SALES PROGRAM

 LOS ANGELES, July 28 /PRNewswire/ -- Occidental Petroleum Corp. today announced an odd-lot sales program for stockholders owning fewer than 100 shares of Occidental common stock. This program offers these stockholders the opportunity to conveniently sell all of their shares in open market transactions without paying any brokerage commission.
 In announcing the program, Dr. Ray R. Irani, chairman, president and chief executive officer, said, "The program is in response to requests from a large number of these stockholders who have written to me asking if we would help them sell their shares. At the same time, the program will benefit Occidental by reducing stockholder servicing costs."
 Stockholders owning fewer than 100 shares as of July 15, 1993, will receive by mail the terms of the program and related information. The program is designed so that the entire transaction can be completed by mail. The program expires on Tuesday, Aug. 31, 1993, at 5 p.m., New York City time, unless extended by Occidental.
 -0- 7/28/93
 /CONTACT: Howard Collins, (media) 310-443-6523, or Kenneth J. Huffman, (investors) 212-603-8183, both of Occidental Petroleum/


CO: Occidental Petroleum Corp. ST: California IN: OIL SU:

BP-JB -- LA039 -- 7321 07/28/93 12:28 EDT
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Publication:PR Newswire
Date:Jul 28, 1993
Words:199
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