07-06-2009

ConocoPhillips Renews USA Swimming Sponsorship,
Marks 36 Years of Support for National Governing Body


Company Backs Major Water Safety Effort with Contribution to USA Swimming Foundation


HOUSTON and COLORADO SPRINGS, Colo., July 6, 2009 – Continuing its 36-year commitment to supporting the sport of swimming from the grassroots level through the U.S. National Swim Team, ConocoPhillips extended its involvement as USA Swimming’s longest-contracted corporate partner. In a 10-year sponsorship agreement announced today, ConocoPhillips pledged its support in both corporate sponsorship and a charitable donation commitment to the National Governing Body.

The announcement comes just prior to the marquee domestic event of the year for swimming, which ConocoPhillips will continue to entitle. The ConocoPhillips USA Swimming National Championships will be held July 7-11 in Indianapolis, Ind. The event is expected to attract the stars of the 2008 Olympic Swim Team including Michael Phelps, Dara Torres, Cullen Jones and more.

“ConocoPhillips is not only our longest-tenured supporter, but with the renewal, they will also become one of our most engaged. We are thrilled that they’ve chosen to participate in a way that will have tangible benefits for all of our members -- from the youngest kids in swimming lessons, to the men and women who represent our country in international competition,” said Chuck Wielgus, USA Swimming’s executive director. “The level of commitment and involvement that ConocoPhillips has shown, and the longevity of their involvement, are truly unique in the sports industry. We count ourselves extremely fortunate to have such a committed and engaged partner in ConocoPhillips. ”

“We are proud to support USA Swimming and their continued commitment to swimming education and water safety. With safety as a core value at ConocoPhillips, we are dedicated to maintaining a safe environment in the workplace as well as within the communities where we operate,” said Jim Mulva, ConocoPhillips chairman and CEO. “Our long-standing relationship with this great organization represents a united effort to support swimming as a safe and healthy lifetime activity. We look forward to our continued involvement for years to come.”

Highlighting the agreement, ConocoPhillips will make an annual donation to the USA Swimming Foundation for support and expansion of its Make a Splash water safety initiative. A portion of those funds will stay in Houston, home of ConocoPhillips’ headquarters, where more than 900 children have already learned to swim through local Make a Splash programs.

In addition, ConocoPhillips will remain the title sponsor of the ConocoPhillips USA Swimming National Championships, providing support for the national NBC broadcast of the ConocoPhillips USA Swimming National Championships and having a digital presence on related Web sites. In Olympic years, ConocoPhillips will sponsor athlete recognition celebrations across the nation.

ConocoPhillips became a corporate sponsor of USA Swimming in 1973.

About USA Swimming
As the National Governing Body for the sport of swimming in the United States, USA Swimming is a 300,000-member service organization that promotes the culture of swimming by creating opportunities for swimmers and coaches of all backgrounds to participate and advance in the sport through clubs, events and education. Our membership is comprised of swimmers from the age group level to the Olympic Team, as well as coaches and volunteers. USA Swimming is responsible for selecting and training teams for international competition including the Olympic Games, and strives to serve the sport through its core objectives: Build the base, Promote the sport, Achieve competitive success. For more information, visit www.usaswimming.org.

About ConocoPhillips
ConocoPhillips is an integrated energy company with interests around the world. In 2008, the company donated more than $95 million, including charitable contributions and funds for community investment projects. For more information, go to www.conocophillips.com.

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CONTACTS:

Clayton Reasor (investors) 281-293-2661
Ed Burke (media) 281-293-1559

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