Schedule 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Section 240.14a-11(c)
or Section 240.14a-12
PHILLIPS PETROLEUM COMPANY
------------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------------
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check appropriate box):
[X] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), 14a-6(i)(2)
or Item 22(a)(2) of Schedule 14A.
[ ] $500 per each party to the controversy pursuant to Exchange Act
Rule 14a-6(i)(3).
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4)
and 0-11.
1) Title of each class of securities to which transaction
applies:
-------------------------------------------------
2) Aggregate number of securities to which transaction applies:
-------------------------------------------------
3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11 (Set forth the
amount on which the filing fee is calculated and state how it
was determined):
-------------------------------------------------
4) Proposed maximum aggregate value of transaction:
-------------------------------------------------
5) Total fee paid:
-------------------------------------------------
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the
offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the Form or Schedule
and the date of its filing.
1) Amount Previously Paid:
-----------------------------
2) Form, Schedule or Registration Statement No.:
-----------------------------
3) Filing Party:
-----------------------------
4) Date Filed:
-----------------------------
<PAGE>
Definitive Copy A
PHILLIPS' Shield
PROXY PROXY
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
PHILLIPS PETROLEUM COMPANY
Annual Meeting May 13, 1996
The undersigned hereby appoints W. ALLEN, D. BOREN and K. TURNER as
proxy holders with power of substitution, or, if all do not act on a
matter, those who do act, to vote all stock which the undersigned could
vote at the Company's annual stockholders' meeting to be held at the Adams
Building, 4th Street and Keeler Avenue, Bartlesville, Oklahoma, on May 13,
1996, at 10 a.m., and at any adjournment thereof, in the manner stated
herein as to the following matters and in their discretion on any other
matters that come before the meeting, all as described in the Notice and
Proxy Statement.
This Proxy is Continued on the Reverse Side
Please Sign on the Reverse Side and Return Promptly
^FOLD AND DETACH HERE^
<PAGE>
This Proxy will be voted or not voted as you direct below. In the absence
of such direction, it will be voted FOR Directors, and FOR Proposal 1.
Please mark ---
your votes as | X |
indicated in ---
this example
Company recommends a vote FOR: ELECTION OF DIRECTORS: Nominees: W. Allen,
N. Augustine, G. Beitzel, D. Boren, C. Bowerman, R. Chappell, Jr.,
L. Eagleburger, J. Edwards, L. Horner, J. Mulva, R. Tobias, V. Tschinkel,
and K. Turner.
VOTE FOR VOTE WITHHELD *To withhold authority to vote for
all nominees from all nominees any nominee write that nominee's
listed above* listed above name on the space below.
__ __
|__| |__| ---------------------------------
Company recommends a vote FOR:
Proposal 1 to approve the
designation of the independent
auditors, Ernst & Young LLP.
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
__
I PLAN TO ATTEND THE |__|
ANNUAL MEETING
Please mark, date, sign and return this proxy card promptly. To vote in
accordance with the Company's recommendations no boxes need be checked.
Dated:______________________, 1996
__________________________________
__________________________________
Signature(s) of Stockholder(s)
Your signature(s) on this proxy form should be exactly the same as the
name(s) imprinted hereon. Persons signing as executors, administrators,
trustees, or in similar capabilities, should so indicate.
^FOLD AND DETACH HERE^
<PAGE>
Definitive Copy B
THRIFT/LTSSP
Vanguard Fiduciary Trust Company
P.O. Box 2900
Valley Forge, PA 19482
IMPORTANT THRIFT/LTSSP VOTING INSTRUCTIONS
We at Vanguard are pleased to be the Trustee for the Thrift Plan of
Phillips Petroleum Company ("Thrift Plan") and the Long-Term Stock
Savings Plan of Phillips Petroleum Company ("LTSSP"). As you will
notice, the voting direction forms enclosed are different than you have
received in the past. They were changed to automate handling and
processing of the forms.
This package contains your confidential voting direction forms to
instruct the Trustee of the Thrift Plan and LTSSP how to vote shares of
Phillips Petroleum Company common stock described on the enclosed forms.
The voting will take place at the Phillips Petroleum Company Annual
Meeting of Stockholders to be held at the Adams Building, 4th Street and
Keeler Avenue, Bartlesville, Oklahoma, on May 13, 1996 at 10:00 a.m.
Also enclosed is the Company's Notice and Proxy Statement for the 1996
Annual Meeting. The Company's 1995 Annual Report was mailed to you
separately prior to the Proxy Statement mailing. Please use these to
help you decide how to direct the way the Trustee (Vanguard Fiduciary
Trust Company) should vote.
PLEASE FOLLOW THE INSTRUCTIONS LISTED BELOW CAREFULLY.
NOTE: Only the voting form(s) that apply to you are enclosed.
Step 1 Complete the voting directions on the back of the form(s)
enclosed if you wish to direct the Trustee to vote shares
representing your interest in the Thrift Plan and/or LTSSP. The
approximate number of equivalent shares in your account as of
the February 1996 valuation date is indicated on the card.
Step 2 If you were an employee on the Voting Determination Date
(February 15, 1996) and if you wish to vote your pro rata
portion of the unallocated LTSSP shares and the non-directed
allocated shares in LTSSP and in the Thrift Plan as a fiduciary,
complete the fiduciary voting directions on the back of the
form(s) enclosed.
Step 3 Date and sign the front of all form(s). Your signature should
be exactly the same as the name printed on the left side of the
form(s).
Step 4 Fold and detach at each perforation.
Step 5 Enclose the form(s) in the postage prepaid return envelope to
Vanguard Fiduciary Trust Company. The form(s) must be mailed in
advance so that the Trustee will receive them by May 6, 1996 or
your instructions for voting will not be counted. DO NOT RETURN
THIS FORM TO PHILLIPS PETROLEUM COMPANY.
YOUR VOTING DIRECTIONS ARE IMPORTANT. THE THRIFT PLAN AND LTSSP
PARTICIPANTS WHO DIRECT THE TRUSTEE HOW TO VOTE SHARES HELD BY THESE
PLANS HAVE AN IMPORTANT VOICE IN MATTERS WHICH AFFECT PHILLIPS PETROLEUM
COMPANY.
<PAGE>
Definitive Copy C
THRIFT PLAN OF PHILLIPS PETROLEUM COMPANY
THRIFT
PLEASE COMPLETE BOTH SIDES OF VOTING DIRECTION FORM(S) BELOW
.....(Please fold and detach card at perforation before mailing).....
THRIFT PLAN CONFIDENTIAL VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders May 13, 1996
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Thrift Plan of Phillips Petroleum Company
("Thrift Plan") vote all shares of Phillips Petroleum Company common
stock (as set out on the back of this form) at the Phillips Petroleum
Company Annual Meeting of Stockholders to be held at the Adams Building,
4th Street and Keeler Avenue, Bartlesville, Oklahoma on May 13, 1996, at
10:00 a.m., and any adjournment thereof, in the manner indicated on the
back of this form as to the matters shown and at its discretion as to
any other matters that come before the meeting, all as described in the
Notice and Proxy Statement.
If Vanguard Fiduciary Trust Company does not receive this form
by May 6, 1996, if you do not fill in any boxes on the back of this form
or if you return this form unsigned, any shares in Funds B and C of the
Thrift Plan that you otherwise could have directed will be directed by
other eligible employees who elect to direct such shares.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 6, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date____________________________
Your signature should be exactly the same
as the name imprinted at the left.
_________________________________________________
| |
|_________________________________________________|
Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
......(Please fold and detach card at perforation before mailing)......
THRIFT PLAN CONFIDENTIAL FIDUCIARY VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders May 13, 1996
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Thrift Plan of Phillips Petroleum Company
("Thrift Plan") vote all shares of Phillips Petroleum Company common
stock (as set out on the back of this form) at the Phillips Petroleum
Company Annual Meeting of Stockholders to be held at the Adams Building,
4th Street and Keeler Avenue, Bartlesville, Oklahoma on May 13, 1996, at
10:00 a.m. and any adjournment thereof, in the manner indicated on the
back of this form as to the matters shown and at its discretion as to
any other matters that come before the meeting all as described in the
Notice and Proxy Statement.
I understand that by electing to direct the Trustee's vote of
shares which do not represent my own part of the Thrift Plan that I
become a fiduciary of the Thrift Plan for voting such shares; that I
must act in the best interests of all participants of the Thrift Plan
when giving directions for voting shares not representing my part of the
Thrift plan; that I have read and understand my duties as a fiduciary as
they are described on page 18 of the Thrift Summary Plan
Description/Prospectus dated July 1, 1993 as amended July 1, 1994 and
November 15, 1995; and that I may decline to accept the responsibility
of a fiduciary as to such shares by NOT completing or returning this
voting direction form.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 6, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date____________________________
Your signature should be exactly the same
as the name imprinted at the left.
_________________________________________________
| |
|_________________________________________________|
Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
<PAGE>
THRIFT PLAN OF PHILLIPS PETROLEUM COMPANY
THRIFT
PLEASE COMPLETE BOTH SIDES OF VOTING DIRECTION FORM(S) BELOW
.....(Please fold and detach card at perforation before mailing)......
I DIRECT THAT SHARES REPRESENTING MY PART OF THE THRIFT PLAN BE VOTED BY
THE TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
......(Please fold and detach card at perforation before mailing).....
I DIRECT THAT MY PRO RATA PORTION OF ALL SHARES OF STOCK REPRESENTING
THE INTEREST OF THRIFT PLAN PARTICIPANTS WHO FAIL TO GIVE VOTING
DIRECTIONS BE VOTED BY THE TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
<PAGE>
Definitive Copy D
LONG-TERM STOCK SAVINGS PLAN OF PHILLIPS PETROLEUM COMPANY
LTSSP
PLEASE COMPLETE BOTH SIDES OF VOTING DIRECTION FORM(S) BELOW
......(Please fold and detach card at perforation before mailing)......
LTSSP CONFIDENTIAL VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders May 13, 1996
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Long-Term Stock Savings Plan of Phillips
Petroleum Company ("LTSSP") vote all shares of Phillips Petroleum
Company common stock (as set out on the back of this form) at the
Phillips Petroleum Company Annual Meeting of Stockholders to be held at
the Adams Building, 4th Street and Keeler Avenue, Bartlesville, Oklahoma
on May 13, 1996, at 10:00 a.m., and any adjournment thereof, in the
manner indicated on the back of this form as to the matters shown and at
its discretion as to any other matters that come before the meeting, all
as described in the Notice and Proxy Statement.
If Vanguard Fiduciary Trust Company does not receive this form
by May 6, 1996, if you do not fill in any boxes on the back of this form
or if you return this form unsigned, any shares in the LTSSP that you
otherwise could have directed will be directed by other eligible
employees who elect to direct such shares.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 6, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date____________________________
Your signature should be exactly the same
as the name imprinted at the left.
_________________________________________________
| |
|_________________________________________________|
Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
........(Please fold and detach card at perforation before mailing).....
LTSSP CONFIDENTIAL FIDUCIARY VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders May 13, 1996
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Long-Term Stock Savings Plan of Phillips
Petroleum Company ("LTSSP") vote all shares of Phillips Petroleum
Company common stock (as set out on the back of this form) at the
Phillips Petroleum Company Annual Meeting of Stockholders to be held at
the Adams Building, 4th Street and Keeler Avenue, Bartlesville, Oklahoma
on May 13, 1996, at 10:00 a.m. and any adjournment thereof, in the
manner indicated on the back of this form as to the matters shown and at
its discretion as to any other matters that come before the meeting all
as described in the Notice and Proxy Statement.
I understand that by electing to direct the Trustee's vote of
shares which do not represent my own part of the LTSSP that I become a
fiduciary of the LTSSP for voting such shares; that I must act in the
best interests of all participants of the LTSSP when giving directions
for voting shares not representing my part of the LTSSP; that I have
read and understand my duties as a fiduciary as they are described on
pages 9 and 10 of the LTSSP Summary Plan Description/Prospectus dated
July 1, 1994 as amended July 1, 1995; and that I may decline to accept
the responsibility of a fiduciary as to such shares by NOT completing
or returning this voting direction form.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 6, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date____________________________
Your signature should be exactly the same
as the name imprinted at the left.
_________________________________________________
| |
|_________________________________________________|
Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
<PAGE>
LONG-TERM STOCK SAVINGS PLAN OF PHILLIPS PETROLEUM COMPANY
LTSSP
PLEASE COMPLETE BOTH SIDES OF VOTING DIRECTION FORM(S) BELOW
.......(Please fold and detach card at perforation before mailing)......
I DIRECT THAT SHARES REPRESENTING MY PART OF THE LTSSP BE VOTED BY THE
TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
.......(Please fold and detach card at perforation before mailing).....
I DIRECT THAT MY PRO RATA PORTION OF (1) ALL UNALLOCATED SHARES OF STOCK
IN FUND L AND (2) ALL SHARES OF STOCK REPRESENTING THE INTERESTS OF
LTSSP PARTICIPANTS WHO FAIL TO GIVE VOTING DIRECTIONS BE VOTED BY THE
TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
<PAGE>
Definitive Copy E
RSP
Vanguard Fiduciary Trust Company
P.O. Box 2900
Valley Forge, PA 19482
IMPORTANT RSP VOTING INSTRUCTIONS
We at Vanguard are pleased to be the Trustee for the Retirement Savings
Plan of Phillips Petroleum Company ("RSP"). As you will notice, the
voting direction form below is different than you have received in the
past. It was changed to automate handling and processing of the forms.
This package contains your confidential voting direction form to instruct
the Trustee of the RSP how to vote shares of Phillips Petroleum Company
common stock described on the back of the form below representing your
interest in the RSP. The voting will take place at the Phillips
Petroleum Company Annual Meeting of Stockholders to be held at the Adams
Building, 4th Street and Keeler Avenue, Bartlesville, Oklahoma, on May
13, 1996 at 10:00 a.m.
Also enclosed is the Company's Notice and Proxy Statement for the 1996
Annual Meeting. The Company's 1995 Annual Report was mailed to you
separately prior to the Proxy Statement mailing. Please use these to
help you decide how to direct the way the Trustee (Vanguard Fiduciary
Trust Company) should vote.
PLEASE FOLLOW THE INSTRUCTIONS LISTED BELOW CAREFULLY.
Step 1 Complete the voting directions on the back of the form below if
you wish to direct the Trustee to vote shares representing your
interest in the RSP.
Step 2 Date and sign the front of the voting direction form. Your
signature should be exactly the same as the name printed on the
left side of the form.
Step 3 Fold and detach at the perforation.
Step 4 Enclose the green form in the postage prepaid return envelope to
Vanguard Fiduciary Trust Company. This form must be mailed in
advance so that the Trustee will receive it by May 6, 1996 or
your directions for voting will not be counted. DO NOT RETURN
THIS FORM TO PHILLIPS PETROLEUM COMPANY.
YOUR VOTING DIRECTIONS ARE IMPORTANT. RSP PARTICIPANTS WHO DIRECT THE
TRUSTEE HOW TO VOTE SHARES HELD BY THIS PLAN HAVE AN IMPORTANT VOICE IN
MATTERS WHICH AFFECT PHILLIPS PETROLEUM COMPANY.
(PLEASE COMPLETE BOTH SIDES OF THE VOTING DIRECTION FORM BELOW)
Please fold and detach card at perforation before mailing
.........................................................................
RSP CONFIDENTIAL VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders
May 13, 1996
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Retirement Savings Plan of Phillips Petroleum
Company ("RSP") vote all shares of Phillips Petroleum Company common
stock (as set out on the back of this form) at the Phillips Petroleum
Company Annual Meeting of Stockholders to be held at the Adams Building,
4th Street and Keeler Avenue, Bartlesville, Oklahoma on May 13, 1996, at
10:00 a.m., and any adjournment thereof, in the manner indicated on the
back of this form as to the matters shown and at its discretion as to any
other matters that come before the meeting, all as described in the
Notice and Proxy Statement.
If Vanguard Fiduciary Trust Company does not receive this form by
May 6, 1996, if you do not fill in any boxes, or if you return this form
unsigned, any shares representing your part of the Retirement Savings
Plan will be voted by the Trustee at the Trustee's discretion.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 6, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date______________________________
Your signature should be exactly the same
as the name imprinted at the left.
________________________________________________
| |
|________________________________________________|
Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
<PAGE>
Please fold and detach card at perforation before mailing
.........................................................................
I DIRECT THAT SHARES REPRESENTING MY PART OF THE RSP BE VOTED BY THE
TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
<PAGE>
Definitive Copy F
Phillips' PHILLIPS PETROLEUM COMPANY
Shield BARTLESVILLE, OKLAHOMA 74004 918 661-6600
March 29, 1996
To: Phillips Domestic Employees
On December 14, 1995, the new Compensation and Benefits Arrangements
Stock Trust ("CBT") was established for the Company to use in its sole
discretion to meet its obligations with respect to various compensation
and benefits arrangements. The CBT holds 29.2 million shares of the
Company's common stock. The Trustee for the new CBT is Vanguard
Fiduciary Trust Company ("Trustee").
Under the terms of the CBT, the Trustee is required to seek voting
instructions for the CBT shares from domestic and certain foreign
employees of the Company and subsidiaries who participate in Company
stock-related benefit plans and arrangements.
Enclosed is the voting direction card. If you choose to exercise this
opportunity to vote, your vote will be given equal weight to that of all
employees who elect to vote, and those directions will govern the
Trustee's vote of approximately 95% of the 29.2 million shares. The
remaining CBT shares will be voted by foreign employees under similar
arrangements.
This 29.2 million shares in the CBT represent approximately 10% of the
shares of Phillips stock eligible to be voted at the 1996 Annual Meeting.
These shares combined with the approximately 18% stock ownership held by
the Thrift Plan of Phillips Petroleum Company and the Long-Term Stock
Saving Plan of Phillips Petroleum Company give employees a strong voice
in the direction of the Company.
Phillips Petroleum Company
<PAGE>
Definitive Copy G
CBT
Vanguard Fiduciary Trust Company
P.O. Box 2900
Valley Forge, PA 19482
IMPORTANT CBT DOMESTIC VOTING INSTRUCTIONS
We at Vanguard are pleased to be the Trustee for the new Phillips
Petroleum Company Compensation and Benefits Arrangement Stock Trust
("CBT").
This package contains your confidential voting direction form to
instruct the Trustee of the CBT how to vote shares of Phillips Petroleum
Company common stock described on the back of the form below. The
voting will take place at the Phillips Petroleum Company Annual Meeting
of Stockholders to be held at the Adams Building, 4th Street and Keeler
Avenue, Bartlesville, Oklahoma, on May 13, 1996 at 10:00 a.m.
Also enclosed is the Company's Notice and Proxy Statement for the 1996
Annual Meeting. The Company's 1995 Annual Report was mailed to you
separately prior to the Proxy Statement mailing. Please use these to
help you decide how to direct the way the Trustee (Vanguard Fiduciary
Trust Company) should vote.
PLEASE FOLLOW THE INSTRUCTIONS LISTED BELOW CAREFULLY.
Step 1 If you wish to direct the Trustee to vote your allocated portion
of the CBT shares as a Directing Fiduciary, complete the back of
the form below. Your allocated portion will consist of the
Domestic portion of the shares held in the Trust, equally
divided among those employees who elect to vote. The Domestic
portion of the shares will be calculated by taking the total
shares held by the Trust and subtracting the International
shares
Step 2 Date and sign the front of the CBT voting direction form. Your
signature should be exactly the same as the name printed on the
left side of the form.
Step 3 Fold and detach at the perforation.
Step 4 Enclose the blue form in the postage prepaid return envelope to
Vanguard Fiduciary Trust Company. This form must be mailed in
advance so that the Trustee will receive it by May 10, 1996 or
your directions for voting will not be counted. DO NOT RETURN
THIS FORM TO PHILLIPS PETROLEUM COMPANY.
YOUR VOTING DIRECTIONS ARE IMPORTANT. EMPLOYEES WHO DIRECT THE CBT
TRUSTEE HOW TO VOTE SHARES HELD BY THIS TRUST HAVE AN IMPORTANT VOICE IN
MATTERS WHICH AFFECT PHILLIPS PETROLEUM COMPANY.
(PLEASE COMPLETE BOTH SIDES OF THE VOTING DIRECTION FORM BELOW)
Please fold and detach card at perforation before mailing
.......................................................................
CBT DOMESTIC CONFIDENTIAL VOTING DIRECTIONS
Phillips Petroleum Company Annual Meeting of Stockholders May 13, 1996
COMPLETE THE INFORMATION BELOW TO VOTE DOMESTIC SHARES AS A DIRECTING
FIDUCIARY.
I, the undersigned, hereby direct that Vanguard Fiduciary Trust
Company, Trustee of the Phillips Petroleum Company Compensation and
Benefits Arrangement Stock Trust ("CBT") vote all shares of Phillips
Petroleum Company common stock (as set out on the back of this form) at
the Phillips Petroleum Company Annual Meeting of Stockholders to be held
at the Adams Building, 4th Street and Keeler Avenue, Bartlesville
Oklahoma on May 13, 1996, at 10:00 a.m. and any adjournment thereof, in
the manner indicated on the back of this form as to the matters shown
and at its discretion as to any other matters that come before the
meeting, all as described in the Notice and Proxy Statement.
I understand that by electing to direct the Trustee's vote of
domestic shares held in the CBT, that I become a directing fiduciary of
the CBT for voting such shares; and that I may decline to accept the
responsibility of a directing fiduciary as to such shares by NOT
completing or returning this voting direction form. If Vanguard
Fiduciary Trust Company does not receive this form by May 10, 1996, if
you do not fill in any boxes or if you return this form unsigned, any
shares in the CBT that you otherwise could have directed will be
directed by other eligible employees who elect to direct such shares.
IN ORDER FOR YOUR VOTING DIRECTIONS TO COUNT, THIS
FORM MUST BE RECEIVED BY THE TRUSTEE BY MAY 10, 1996.
PLEASE DATE AND SIGN BELOW AND SEAL IN THE ENCLOSED
ENVELOPE TO BE RETURNED TO THE TRUSTEE.
Date
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Your signature should be exactly the same
as the name imprinted at the left.
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Signature
PHILLIPS PETROLEUM COMPANY HAS ACKNOWLEDGED AND
AGREED TO HONOR THE CONFIDENTIALITY OF YOUR VOTING
INSTRUCTIONS TO THE TRUSTEE. THE TRUSTEE WILL KEEP
YOUR VOTING INSTRUCTIONS CONFIDENTIAL.
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Please fold and detach card at perforation before mailing
........................................................................
I DIRECT THAT MY ALLOCATED PORTION OF DOMESTIC SHARES HELD IN THE CBT
WHICH INCLUDES SHARES REPRESENTING THE INTERESTS OF EMPLOYEES WHO FAIL
TO GIVE VOTING DIRECTIONS BE VOTED BY THE TRUSTEE AS FOLLOWS:
(Do not fill in more than one box on any matter)
Please vote by filling in the appropriate box below, as shown, using
blue or black ink or dark pencil. Do not use red ink. |||
Company recommends a vote FOR: VOTE FOR VOTE WITHHELD
all nominees from all
listed at left* nominees
listed at left
__ __
|__| |__|
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine, G. Beitzel,
D. Boren, C. Bowerman, R. Chappell, Jr., L. Eagleburger, J. Edwards,
L. Horner, J. Mulva, R. Tobias, V. Tschinkel and K. Turner.
*To withhold authority to vote for any nominee, write the nominee's name
in the space below.
____________________________________________________________
Company recommends a vote FOR:
FOR AGAINST ABSTAIN
__ __ __
|__| |__| |__|
Proposal 1 to approve designation of independent auditors, Ernst & Young LLP.
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Definitive Copy H
ENGLISH VERSION OF NORWEGIAN LETTER
- -----------------------------------
Hill Samuel (Channel Islands) Trust Company Ltd
Date : 29 March 1996
To : Participants in the Phillips Petroleum Company Overseas
Stock Savings Plan (Norway)
Dear Participant
In the attached Report and Accounts you will find a notice to
Shareholders convening the Annual General Meeting to be held on Monday
13th May 1996 and a proxy statement. Your attention is drawn to the
fact that it is the Trustee of the Stock Savings Plan who is the
registered holder of the shares and who, therefore, has the right to
attend the Meeting.
However, you are entitled to instruct the Trustee on how to vote on the
resolutions to be proposed at the Meeting in the event of there being a
poll of members. If you wish to do so, you should complete the enclosed
Voting Instruction Form and return it, using the enclosed pre-addressed
envelope to reach the Trustee by no later than 2:00 p.m. on Friday 3rd
May 1996.
As you will see the attached documentation is in English. Should you
require any help in understanding the documentation, please do not
hesitate to contact your Employee Relations Department.
Yours faithfully
HILL SAMUEL (CHANNEL ISLANDS) TRUST COMPANY LIMITED
<PAGE>
Definitive Copy I
THE PHILLIPS PETROLEUM COMPANY OVERSEAS
STOCK SAVINGS PLAN (NORWAY)
VOTING INSTRUCTION FORM
Should you wish to vote, please complete and return this entire
form.
- -------------------------------------------------------------------------
I, the undersigned being a participant in the Plan hereby instruct Hill
Samuel (Channel Islands) Trust Company Limited (the Trustee of the Plan)
to vote or cause to be voted any Common Stock of Phillips Petroleum
Company held by them on my behalf and entitled to vote at the 1996 Annual
Meeting of Stockholders to be held on Monday 13th May 1996 or at any
adjournment thereof.
PLEASE INDICATE WITH AN "X" IN THE APPROPRIATE BOX HOW YOU WISH YOUR VOTE
TO BE CAST.
The Company recommends a vote FOR:
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine,
G. Beitzel, D. Boren, C. Bowerman, R. Chappell, Jr.,
L. Eagleburger, J. Edwards, L. Horner, J. Mulva, R. Tobias,
V. Tschinkel and K. Turner.
__
|__| VOTE FOR all nominees listed above*
__
|__| VOTE WITHHELD from all nominees listed above
*To withhold authority to vote for any nominee write the nominee's name
in the space below.
- -------------------------------------------------------------------------
The Company recommends a vote FOR:
PROPOSAL 1: To approve designation of the independent auditors, Ernst
& Young L.L.P.:
__ __ __
FOR |__| AGAINST |__| ABSTAIN |__|
NAME (in block capitals please).........................................
SIGNATURE...............................................................
DATE.....................................................
NOTES: 1. Full details of the items are contained in the enclosed
Proxy Statement.
2. To be effective this form of direction must be mailed
using the enclosed pre-paid envelope to reach
the Trustee no later than 2 p.m. on Friday 3rd May 1996.
3. If the Trustee does not receive any voting direction from
you, your shares will be voted in the same
way and in the same proportions as those for which the
Trustee receives directions from other participants.
Results of the Plan's voting will also be used to vote a
portion of the Phillips Petroleum Company Compensation and
Benefits Stock Arrangement Trust.
THE TRUSTEE WILL KEEP YOUR VOTING INSTRUCTIONS CONFIDENTIAL AND WILL IN
NO CIRCUMSTANCES DIVULGE YOUR DIRECTIONS TO PHILLIPS PETROLEUM COMPANY OR
ANY OF ITS SUBSIDIARY COMPANIES.
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Definitive Copy J
Noble Lowndes Settlement Trustees Limited
Reference: AT/NH
Date: 29 March 1996
To: Participants in the Phillips Petroleum Company Europe - Africa
Employee Share Allocation Scheme
Dear Participant,
In the attached Report and Accounts you will find a notice to
Shareholders convening the Annual General Meeting to be held on Monday
13th May 1996 and a proxy statement. Your attention is drawn to the fact
that it is the Trustee of the Share Allocation Scheme who is the
registered holder of the shares and who, therefore, has the right to
attend the Meeting.
However, you are entitled to instruct the Trustee on how to vote on the
resolutions to be proposed at the Meeting in the event of there being a
poll of members. If you wish to do so, you should complete the enclosed
Voting Instruction Form and return it, using the enclosed pre-paid
envelope, to reach the Trustee by not later than 2:00 p.m. on Friday 3rd
May 1996.
Yours faithfully
NOBLE LOWNDES SETTLEMENT TRUSTEES LIMITED
PO Box No 144 Norfolk House Wellesley Road Croydon CR9 3EB
Tel 0181-686-2466
(Reg. Office) Reg. Number 576832
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Definitive Copy K
THE PHILLIPS PETROLEUM COMPANY EUROPE-AFRICA
EMPLOYEE SHARE ALLOCATION SCHEME
VOTING INSTRUCTION FORM
Should you wish to vote, please complete and return this entire
form.
- -------------------------------------------------------------------------
I, the undersigned being a participant in the Scheme hereby instruct
Noble Lowndes Settlement Trustees Limited (the Trustee of the Scheme and
the SCP Plan Manager's Nominee) to vote or cause to be voted any Common
Stock of Phillips Petroleum Company held by them on my behalf and
entitled to vote at the 1996 Annual Meeting of Stockholders to be held on
Monday 13th May 1996 or at any adjournment thereof.
PLEASE INDICATE WITH AN "X" IN THE APPROPRIATE BOX HOW YOU WISH YOUR VOTE
TO BE CAST.
The Company recommends a vote FOR:
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine,
G. Beitzel, D. Boren, C. Bowerman, R. Chappell, Jr.,
L. Eagleburger, J. Edwards, L. Horner, J. Mulva, R. Tobias,
V. Tschinkel and K. Turner.
__
|__| VOTE FOR all nominees listed above*
__
|__| VOTE WITHHELD from all nominees listed above
*To withhold authority to vote for any nominee write the nominee's name
in the space below.
- -------------------------------------------------------------------------
The Company recommends a vote FOR:
PROPOSAL 1: To approve designation of the independent auditors, Ernst
& Young L.L.P.:
__ __ __
FOR |__| AGAINST |__| ABSTAIN |__|
__
|__| If you are a member of the Phillips Petroleum Company Europe-Africa
Employee SCP, please tick this box. We will arrange for the shares
held on your behalf, in the SCP to be voted as indicated above.
NAME (in block capitals please).........................................
SIGNATURE...............................................................
DATE.....................................................
NOTES: 1. Full details of the items are contained in the enclosed
Proxy Statement.
2. To be effective this form of direction must be mailed
using the enclosed pre-paid envelope to reach
the Trustee no later than 2 p.m. on Friday 3rd May 1996.
3. If the Trustee does not receive any voting direction from
you, your shares will be voted in the same
way and in the same proportions as those for which the
Trustee receives directions from other participants.
Results of the Plan's voting will also be used to vote a
portion of the Phillips Petroleum Company Compensation and
Benefits Stock Arrangement Trust.
THE TRUSTEE WILL KEEP YOUR VOTING INSTRUCTIONS CONFIDENTIAL AND WILL IN
NO CIRCUMSTANCES DIVULGE YOUR DIRECTIONS TO PHILLIPS PETROLEUM COMPANY OR
ANY OF ITS SUBSIDIARY COMPANIES.
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Definitive Copy L
TD Trust Company
Date: 29 March 1996
To: Participants in the Phillips Petroleum Resources, Ltd. Canada
Region Employee Savings Plan
Dear Participant,
In the attached Report and Accounts you will find a notice to
Shareholders convening the Annual General Meeting to be held on Monday
13th May 1996 and a proxy statement. Your attention is drawn to the fact
that it is TD Trust Company, the Trustee of the Plan and the registered
holder of the shares, who has the right to attend and vote at the
Meeting.
However, you are entitled to instruct the Trustee on how to vote on the
resolutions to be proposed at the Meeting if there is a poll of members.
If you wish to do so, you should complete the enclosed Voting Instruction
Form and return it, using the enclosed pre-paid envelope, to reach TD
Trust Company by not later than 2:00 p.m. on Wednesday 1st May 1996.
If you do not instruct the Trustee on how to vote, your shares will be
voted in the same way and in the same proportions as those for which the
Trustee receives directions from other participants. Results of the
Plan's voting will also be used to vote a portion of the Phillips
Petroleum Company Compensation and Benefits Stock Arrangement Trust.
Yours faithfully
TD TRUST COMPANY
<PAGE>
Definitive Copy M
PHILLIPS PETROLEUM RESOURCES, LTD.
CANADA REGION EMPLOYEE SAVINGS PLAN
VOTING INSTRUCTION FORM
Should you wish to vote, please complete and return this entire
form.
.........................................................................
I, the undersigned being a participant in the Plan hereby instruct TD
Trust Company, the Trustee of the Plan, to vote or cause to be voted any
Common Stock of Phillips Petroleum Company held by it on my behalf at the
1996 Annual Meeting of Stockholders to be held on Monday 13th May 1996 or
at any adjournment thereof as follows:
PLEASE INDICATE WITH AN "X" IN THE APPROPRIATE BOX HOW YOU WISH YOUR VOTE
TO BE CAST.
The Company recommends a vote FOR:
ELECTION OF DIRECTORS: Nominees: W. Allen, N. Augustine,
G. Beitzel, D. Boren, C. Bowerman, R. Chappell, Jr.,
L. Eagleburger, J. Edwards, L. Horner, J. Mulva, R. Tobias,
V. Tschinkel and K. Turner.
__
|__| VOTE FOR all nominees listed above*
__
|__| VOTE WITHHELD from all nominees listed above
*To withhold authority to vote for any nominee write the nominee's name
in the space below.
- -------------------------------------------------------------------------
The Company recommends a vote FOR:
PROPOSAL 1: To approve designation of the independent auditors, Ernst
& Young L.L.P.:
__ __ __
FOR |__| AGAINST |__| ABSTAIN |__|
NAME (in block capitals please).........................................
SIGNATURE...............................................................
DATE.....................................................
NOTES: 1. Full details of the items are contained in the enclosed
Proxy Statement.
2. To be effective this form of direction must be mailed
using the enclosed pre-paid envelope to reach
the Trustee no later than 2 p.m. on Wednesday 1st May 1996.
3. If the Trustee does not receive any voting direction from
you, your shares will be voted in the same
way and in the same proportions as those for which the
Trustee receives directions from other participants.
Results of the Plan's voting will also be used to vote a
portion of the Phillips Petroleum Company Compensation and
Benefits Stock Arrangement Trust.
THE TRUSTEE WILL KEEP YOUR VOTING INSTRUCTIONS CONFIDENTIAL AND WILL IN
NO CIRCUMSTANCES DIVULGE YOUR DIRECTIONS TO PHILLIPS PETROLEUM COMPANY OR
ANY OF ITS SUBSIDIARY COMPANIES.
<PAGE>
