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Anadarko Declares Quarterly Dividends on Common and Preferred Stock

   ANADARKO LOGO
Anadarko Petroleum Corporation Logo. (PRNewsFoto)[KC]
HOUSTON, TX USA
    HOUSTON, April 27 /PRNewswire/ -- The Board of Directors of Anadarko
Petroleum Corporation (NYSE: APC) today declared quarterly dividends on two
classes of the company's stock.
    A dividend of five cents per share was declared on the company's common
stock outstanding, payable on June 28, 2000, to stockholders of record at the
close of business on June 14, 2000.
    A dividend of $13.65 per share (equivalent to $1.365 per Depositary Share)
was declared on the company's 5.46% Series B Cumulative Preferred Stock,
payable on June 30, 2000, to stockholders of record at the close of business
on June 15, 2000.
    The amount of future dividends for Anadarko common stock will depend on
earnings, financial condition, capital requirements and other factors.  The
Board of Directors will determine dividends on a quarterly basis.


                  Anadarko Petroleum Corporation (NYSE: APC)

                                                5.46% Series B
                        Common Stock            Cumulative Preferred Stock
    Record Date:        June 14, 2000           June 15, 2000
    Pay Date:           June 28, 2000           June 30, 2000
    Amount:             $0.05 per share         $13.65 per share
                                                (equivalent to $1.365
                                                  per Depositary Share)

     For additional information, contact:
     Analysts and Investors:             Media:
     A. Paul Taylor, Jr.                 Tony Canino
     281-874-3471                        281-873-3855

    For more information about Anadarko's worldwide operations, visit the
company's web site at http://www.anadarko.com.


SOURCE Anadarko Petroleum Corporation




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    281-874-3471, or media, Tony Canino, 281-873-3855, both of
    Anadarko Petroleum Corporation