SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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Current Report
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): June 3, 1998
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ATLANTIC RICHFIELD COMPANY
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-1196 23-0371610
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(Commission File Number) (IRS Employer
Identification No.)
515 South Flower Street, Los Angeles, California 90071
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (213) 486-3511
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
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Consistent with its strategy to focus on growth in its core oil and gas
businesses, ARCO has announced that it has reached agreement with ARCO Chemical
Company to reduce its 82.2 percent ownership of ARCO Chemical Common Stock to 50
percent. On June 3, 1998, ARCO Chemical Company filed with the SEC a
Registration Statement on Form S-3 registering approximately 26 million shares
of ARCO Chemical Common Stock to be sold by ARCO in the public offering.
Item 7. Financial Statements and Exhibits
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27.1 Restated Financial Data Schedule for the quarterly period ended
September 30, 1997.
27.2 Restated Financial Data Schedule for the quarterly period ended
June 30, 1997.
27.3 Restated Financial Data Schedule for the quarterly period ended
March 31, 1997.
27.4 Restated Financial Data Schedule for the fiscal year ended
December 31, 1996.
27.5 Restated Financial Data Schedule for the fiscal year ended
December 31, 1995.
27.6 Restated Financial Data Schedule for the quarterly period ended
September 30, 1996.
27.7 Restated Financial Data Schedule for the quarterly period ended
June 30, 1996.
27.8 Restated Financial Data Schedule for the quarterly period ended
March 31, 1996.
99.1 Press Release dated June 3, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ATLANTIC RICHFIELD COMPANY
/s/ ALLAN L. COMSTOCK
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Allan L. Comstock
Vice President and Controller
Dated: June 4, 1998