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Chevron and USAID to Support Vocational Training in Tsunami-Affected Indonesian Province

    Aceh Polytechnic to provide vocational youth training in support of
                       reconstruction in the province

    JAKARTA, Indonesia, April 23 /PRNewswire-FirstCall/ -- Chevron
Corporation (NYSE: CVX), the Government of Aceh, the Rehabilitation and
Reconstruction Agency for Aceh and Nias (BRR), and the United States Agency
for International Development (USAID), today announced plans to develop a
polytechnic institute in Aceh province, Indonesia.
    A memorandum of understanding (MOU) has been signed by the four parties
during a ceremony at the site of the proposed vocational training facility
in the provincial capital city of Banda Aceh. The initiative follows a
short-term vocational training program that enabled 350 students from Aceh
and Nias to graduate from the Chevron Polytechnic in Riau province.
    The proposed Aceh Polytechnic is part of the Vocational Training
Alliance for Aceh, a $10 million commitment from Chevron and USAID to
support vocational training needs in the province. The Alliance supports
the Government of Indonesia's plan to assist in restoring people's
livelihoods following the tsunami of December 26, 2004.
    Aceh Polytechnic is expected to provide vocational training in applied
technology fields such as information technology, electronics
telecommunication, and business accountancy, which are critical to the
continued reconstruction and development in the province.
    John Watson, president of Chevron International Exploration and
Production, commented, "This demonstrates Chevron's continued long term
commitment to reconstruction in Aceh, leveraging our collective strengths
and capabilities for the benefit of Indonesia." Chevron Corporation has had
a presence in Indonesia since 1924 when it began exploration activities,
through a wholly owned subsidiary, PT. Chevron Pacific Indonesia.
    "This partnership reconfirms the American people's commitment to
helping those whose lives were disrupted by the tsunami," said William
Frej, USAID Mission Director to Indonesia.
    Plans for the Aceh Polytechnic were welcomed by the Governor of Aceh,
Irwandi Yusuf: "I enthusiastically endorse the plans for Polytechnic Aceh,
which will help meet many of the needs that have been identified in the
Government's blue print for the reconstruction of Aceh and Nias. I applaud
both Chevron and USAID for their commitment to developing the capacity of
the Acehnese people in the reconstruction process."
    Chevron Corporation is one of the world's leading energy companies.
With approximately 56,000 employees, Chevron conducts business in
approximately 180 countries around the world, producing and transporting
crude oil and natural gas, and refining, marketing and distributing fuels
and other energy products. Chevron is based in San Ramon, California. More
information on Chevron is available at http://www.chevron.com.


SOURCE Chevron Corporation




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    Corporation