Exhibit 99 
  
  
 IRVING, Texas and FAIRFAX, Va.   (BUSINESS WIRE)   Nov. 27, 1998   Exxon
 and Mobil confirm that they are in discussions concerning a possible
 combination transaction.  No definitive agreement has been reached. We
 cannot give any assurance that an agreement will be reached. Beyond this
 statement, we have no further comment.        
  
  
      CONTACT:  Exxon Media Relations,   972/444-1107 
                Mobil Media Relations,   703/846-2500