UNOCAL NEWSLINE May 16, 1995
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PLEASE POST OR DISTRIBUTE
TO: ALL EMPLOYEES
FROM: ROGER BEACH
RE: VOTING YOUR PROXY
You're running out of time to vote on two important stockholder proposals, if
you have not already done so. To be counted, your vote should be received by
Chemical Bank in New York by this Friday, May 19. All ballots should be in
the mail today, May 16. Those who attend the Annual Meeting in Sugar Land on
May 22 can, of course, vote there.
You're asked to vote on four items, including two stockholder proposals. One
proposal (item 3) concerns natural gas processing operations in Canada. The
other proposal (Item 4) deals with Unocal's philosophy for doing business
internationally.
Item 3 asks the Board of Directors to make a full written report on a gas-
processing plant in northern Alberta. The plant is about 12 miles from a
small settlement of Lubicon Lake Indians.
In a 30-page report, the Alberta Energy Resources Conservation Board
concluded that neither the Lubicons nor the environment would suffer any ill
effects from our plant, which will process slightly sour gas. The board
also found that we had made sufficient efforts to tell the Lubicons about our
activities. We don't need another report.
Item 4 calls for our Board of Directors to review and update the company's
Statement of Principles for doing business internationally. The statement
was published less than a year ago after thorough review. It's strong and
comprehensive. We're proud of it and we live by it. We don't need to update
it.
The Board unanimously recommends votes against these two proposals. You
should study this year's proxy for yourself, mark and sign your ballot and
return it in the postage-paid envelope. I assure you that your vote is
absolutely confidential. Please cast it today.
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