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Press Release

Track Software Implemented in South Africa
Houston, Texas — August 2008

Management Controls, Inc. has announced Track™ v6.0 Enterprise implementation at Chevron’s Cape Town, South Africa refinery. Chevron Corporation (NYSE: CVX) chose market-leading Track™ Enterprise project cost control software in March 2008 to manage contract labor cost and performance at all of its wholly owned refineries worldwide.

This strategic decision to employ Track globally was made after successful implementation at Chevron refineries in El Segundo, California, Salt Lake City, Utah, and Pascagoula, Mississippi, where it is saving the company’s turnaround and maintenance groups millions of dollars. The Cape Town, South Africa implementation completes the fourth of seven refineries to undergo Track completion. Chevron will deploy Track at the rest of its global, wholly owned refineries in early of 2009.

Martha Franklin, a Track implementation consultant at the site states, “The Cape Town refinery management was excited to see Track immediately deliver contract labor cost daily almost automatically. Drill down capabilities showed who worked on the project and individual labor costs. Prior to Track, project cost was done monthly, required many man hours, and took weeks to create. Track creates real time project cost for the Cape Town refinery. As expected, the Cape Town team was pleased with the new visibility and control Track brought to the refinery.

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About Management Controls, Inc. – Track™ software, created by Management Controls, Inc., automates the business processes of service-based contracts – from project time-keeping through invoicing – and delivers actionable information that clients and contractors require to complete projects on-time and on-budget. Track software accurately validates, calculates and compiles the hours and costs of contracted work, delivering project status on a shift basis. Using this real-time information, owners and contractors work collaboratively to manage projects more effectively – for their mutual and individual benefit. For more information, go to www.tracksoftware.net

About Chevron Corporation – Chevron is one of the world's leading energy companies. With approximately 56,000 employees, Chevron subsidiaries conduct business in more than 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, Calif. More information about Chevron is available at www.chevron.com.

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