Media Contact: Colin Chee, Tel: 9824-7315

SINGAPORE, 9 March 2006. From 10:00am Thursday, retail pump prices for Synergy petrol and diesel at all Esso and Mobil service stations in Singapore were increased by 6 cents a litre.

Synergy     Old Pump Price               New Pump Price
Fuels         Inclusive of 5% GST       Inclusive of 5% GST
System            ($/Litre)                         ($/Litre)
---------------------------------------------------------------------------------------

Synergy 8000      1.757                             1.817
Synergy 5000      1.674                             1.734
Synergy 2000      1.642                             1.702
Synergy Diesel   1.18                                1.24


Retail pump price are affected by a basket of factors including internationally-traded wholesale product prices for motor gasoline and diesel; storage, distribution and marketing costs; taxes; duties; and currency exchange rates. This increase in pump prices is primarily due to high crude oil and wholesale product prices.

We continue to offer 10% petrol discount at all Esso and Mobil service stations. Furthermore, Esso MasterCard, Esso Mobil Privilege Card, Esso Mobil Private Label Card and Mobil Easipay Card and Esso Mobil Fleet Card customers enjoy a supplementary 3% petrol discount.

In addition to these instant discounts, Smiles Members who redeem their Smiles Points for instant fuel redemption can enjoy the equivalent of an extra 4% discount.

For our diesel customers, under the Taxi Smiles Programme, taxi drivers continue to enjoy a 22% discount on Synergy diesel and earn loyalty points. Our other diesel customers also continue to enjoy 10% discount on Synergy diesel and earn Smiles points.

Additionally, Citibank Credit Card holders will also continue to enjoy an additional 3% discount on petrol and diesel purchases at Esso and Mobil service stations.

We remain committed to offering the best cash discount and competitive value to Esso and Mobil customers.

While discount rates stated above are correct at the time of issue of this release, they are subject to change.

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Note to the editors:

The term "ExxonMobil" refers to ExxonMobil Asia Pacific Pte Ltd, the single-largest foreign investor in Singapore. We operate the largest retail chain of 74 Esso and Mobil service stations in Singapore.