ATLANTIC RICHFIELD CO /DE
8-K, 1999-08-31
PETROLEUM REFINING
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<PAGE>

                                                                       CONFORMED

                      SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.   20549

                               -----------------

                                   FORM 8-K

                               -----------------

                                Current Report
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):   August 30, 1999    .
                                                 ----------------------

                   ATLANTIC RICHFIELD COMPANY                          .
- -----------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

                           Delaware                                    .
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         (State or other jurisdiction of incorporation)

                 1-1196                                  23-0371610    .
- -----------------------------------------------------------------------
        (Commission File Number)                       (IRS Employer
                                                    Identification No.)


  333 South Hope 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    .
                                                   --------------------

                                Not Applicable                         .
- -----------------------------------------------------------------------
         (Former name or former address, if changed since last report)
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Item 5.  Other Events.
- ----------------------

     At a special shareholder meeting on August 30, 1999, ARCO shareholders
approved the Company's proposed combination with BP Amoco.  The votes were as
follows:


Approval of Merger Agreement with BP Amoco

For              Against        Abstain

246,171,140      6,674,342      1,620,485

                                     - 2 -
<PAGE>

                                   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
                                          ------------------------------
                                          Allan L. Comstock
                                          Vice President and Controller


Dated:  August 30, 1999

                                     - 3 -
<PAGE>

                                 EXHIBIT INDEX


Exhibit No.                       Description
- -----------                       -----------


 99         Press Release, dated August 30, 1999, announcing the approval by
            ARCO shareholders of the proposed combination with BP Amoco.

<PAGE>

                                                                      EXHIBIT 99

FOR IMMEDIATE RELEASE                             August 30, 1999

ARCO SHAREHOLDERS APPROVE COMBINATION WITH BP AMOCO
- ---------------------------------------------------

LOS ANGELES - ARCO (NYSE: ARC) shareholders today overwhelmingly approved the
company's proposed combination with BP Amoco (NYSE: BPA) at a special
shareholder meeting.

The all-share transaction, previously approved by the boards of both companies,
will involve the exchange of 0.82 BP Amoco American Depository Shares (ADS) for
each ARCO share.

BP Amoco's Extraordinary General Meeting to vote on the combination is scheduled
Wednesday, September 1, in London.

The combination remains subject to the approval of regulatory authorities,
including the US Federal Trade Commission (FTC) and the European Commission.

The companies currently are working to close the transaction later in the year.

"BP Amoco's scale and financial strength will significantly enhance the value of
ARCO's assets and allow greater value to be realized than if ARCO remained an
independent oil and gas company," ARCO Chairman and CEO Mike Bowlin told
shareholders at today's meeting. "The new enterprise will have a stronger
strategic position, enhanced efficiencies and cost competitiveness, and will
generate significant growth opportunities."

ARCO is an integrated hydrocarbons corporation with operations encompassing all
aspects of the oil and gas business: exploration, production, refining and
marketing of crude oil, natural gas, and natural gas liquids.

BP Amoco is an international company involved in the exploration and production
of crude oil and natural gas; refining, marketing, supply and transportation of
hydrocarbons; and manufacturing and marketing of petrochemicals and solar power
generation.

                                     # # #

MEDIA CONTACT: Linda Dozier or Marylou Flynn, 213-486-3384

INVESTOR RELATIONS: Eden Warner or David De Sonier, 213-486-1511

For a menu of ARCO news releases or to retrieve a specific release, visit our
web site at http://www.arco.com on the Internet.
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