Exxon and Mobil Announce Expectation of Antitrust

Exxon Corporation (NYSE: XON) and Mobil Corporation (NYSE: MOB) announced their expectation that the antitrust reviews of their proposed merger will be completed by about the end of the third quarter. The companies filed the formal pre-merger notification with the European Commission on May 3, 1999. Under the EC's regulatory framework, that process should be completed around the end of the third quarter. As a result of discussions with the Federal Trade Commission, the companies believe that the FTC process can be completed in the same time period. ots Original Text Service: Exxon Corporation Internet: http://www.newsaktuell.de Contact: Media Relations of Exxon Corporation, (USA) 972-444-1107; or Media Relations of Mobil Corporation, (USA) 703-846-2500 Web site: http://www.exxon.com

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