HOUSTON, Aug. 1 /PRNewswire-FirstCall/ -- Pennzoil-Quaker State Company
(NYSE: PZL) announced today the results of voting on several proposals at its
Annual Meeting of Shareholders.
The Agreement and Plan of Merger by and among Shell Oil Company, Shell ND
Company and Pennzoil-Quaker State has been approved. More than 99 percent of
the shares represented at the meeting voted in favor of the merger.
Messrs. Forrest R. Haselton, Berdon Lawrence and Brent Scowcroft have been
re-elected as directors of the Company. The appointment of
PricewaterhouseCoopers LLP as the Company's auditors for 2002 has been
ratified.
Pennzoil-Quaker State Company is a leading worldwide automotive consumer
products company, marketing over 1,300 products with 20 leading brands in more
than 90 countries. The company markets Pennzoil(R) and Quaker State(R) brand
motor oils, the number one and number two selling motor oils in the United
States. Jiffy Lube, a wholly owned subsidiary of Pennzoil-Quaker State
Company, is the world's largest fast lube operator and franchiser.
SOURCE Pennzoil-Quaker State Company
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Related links:
http://www.pennzoil-quakerstate.com
Company News On-Call:
http://www.prnewswire.com/comp/684550.html
CONTACT:
media, Ray Scippa, +1-713-546-8942, or
investors, Jay Roueche, +1-713-546-4961, both of Pennzoil-Quaker
State Company
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