ExxonMobil Corporate Citizenship Report Outlines Improvements in Environmental, Economic & Social Performance

Exxon Mobil Corporation (NYSE:XOM) improved its environmental, economic

and social performance while continuing to supply energy necessary for

economic growth and improved living standards, the corporation said

today in its 2007 Corporate Citizenship Report. The report details how ExxonMobil reduced greenhouse gas emissions, led

the industry in worker safety and oil-spill prevention, and contributed

more than eight times its earnings -- a record $336 billion -- to

economies around the world through taxes and purchases of goods and

services. "We are proud of our financial and operating

results, but we are equally proud of our culture of integrity and

commitment to act in a safe and responsible manner towards employees

the environment and local communities," said

Rex W. Tillerson, chairman and chief executive officer. "How we achieve our results is every bit as

important as the results themselves." ExxonMobil is working on technologies with the potential for near-term

impact on greenhouse gas emissions, while at the same time looking for

breakthrough technologies for the future. Near-term initiatives include:

Investing more than $100 million on improving natural gas treating

technology, which could reduce costs for carbon capture and storage.

Working with manufacturers of automobiles and commercial industrial

vehicles to increase fuel economy by as much as 30 percent.

Helping to enable the next generation of lower-emission hybrid and

electric vehicles through the development of new film technologies to

greatly enhance the power, safety and reliability of lithium-ion

batteries.

Conducting research and development of an on-vehicle hydrogen

production system, which has the potential to improve vehicle

efficiency by up to 80 percent while improving safety and eliminating

the need for a hydrogen distribution infrastructure.

Longer-term initiatives include:

Conducting internal research and supporting academic research to

accelerate development of commercially viable energy technologies to

lower emissions on a global scale -- such as hydrogen production

storage and use; biomass and solar energy; carbon dioxide capture and

storage, and advanced transportation and coal technologies.

Partnering with the European Commission to study carbon capture and

storage in the CO2ReMoVe program, a research initiative to establish

scientific monitoring systems and determine the reliability of

geological carbon dioxide storage.

The Corporate Citizenship Report details ExxonMobil´s

commitment in five areas "“ environmental

performance, workplace, corporate governance, transparency and human

rights and community development. The report is available at www.exxonmobil.com. Other highlights include:

A record low rate of lost time safety incidents for the company´s

combined employee and contractor workforce, continuing ExxonMobil´s

industry-leading safety record.

Industry-leading oil spill prevention results, including no spills

from ExxonMobil-operated marine vessels for the third consecutive year.

Community investment spending of more than $206 million, which

included $12.4 million in grants through ExxonMobil´s

Africa Health Initiative and more than $6 million through the company´s

Educating Women and Girls Initiative. In addition, ExxonMobil became a

founding sponsor and committed $125 million to the National Math and

Science Initiative as part of the corporation´s

continued commitment to math and science education.

The Corporate Citizenship Report was prepared in accordance with the

reporting guidelines and indicators of the International Petroleum

Industry Environmental Conservation Association and the American

Petroleum Institute Oil and Gas Industry Guidance on Sustainability

Reporting. The majority of these indicators are also consistent with

the indicators used by the Global Reporting Initiative in the G3

Sustainability Reporting Guidelines Version 3.0.