HOUSTON, May 14, 2008 --- ConocoPhillips [NYSE:COP] today held its 2008 Annual Meeting of Stockholders, where the company’s stockholders voted on the election of board members, a proposal to declassify the Board of Directors, the ratification of the appointment of Ernst & Young LLP as ConocoPhillips’ independent registered public accounting firm, and eight proposals presented by the company’s stockholders. The preliminary results, reported by the Inspector of Elections, were as follows:

Approximately 97 percent of stockholders who cast votes elected three directors: Harold W. McGraw III, James J. Mulva, and Bobby S. Shackouls. In addition, ConocoPhillips stockholders approved a proposal to declassify the Board of Directors, with 98 percent of votes cast in favor of such proposal. Stockholders also ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2008, with 98 percent of votes cast in favor of such appointment.

ConocoPhillips stockholders voted against a proposal requiring an advisory vote on executive compensation. This proposal was defeated by 56 percent of votes cast.

Proposals in regard to reporting on the company’s policies and procedures with respect to recognition of indigenous rights and political contributions were defeated by 76 percent and 61 percent of votes cast, respectively.

Stockholders also voted against a proposal regarding the adoption of quantitative goals for reducing greenhouse gas emissions, against a proposal requiring a report on environmental accountability to communities where the company operates, and against a proposal requiring a report on global warming. These proposals were defeated by 59 percent, 76 percent, and 81 percent of votes cast, respectively.

Proposals in regard to reporting on the environmental impact from drilling in the National Petroleum Reserve – Alaska and oil sands operations in the Canadian boreal forest were defeated by 62 percent and 61 percent of votes cast, respectively.

Final voting results will be reported in the company’s Report on Form 10-Q for the quarterly period ending June 30, 2008.

ConocoPhillips is an international, integrated energy company with interests around the world. For more information, go to www.conocophillips.com. 


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