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Investors - News and Presentations

News Release

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Anadarko Announces 'Modeling' Conference Call February 20; Summary Comments & Graphics From Analyst Meeting Today Available for Investors

HOUSTON, Feb. 9 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) will host a "modeling" conference call on Tuesday, Feb. 20, 2001, at 10 a.m. Central Standard Time (11 a.m. Eastern Standard Time).

In addition, copies of comments and graphics presented at an analyst meeting scheduled for today in Houston will be available to investors through the Investor Relations section of the company's web page, www.anadarko.com, or by calling the Investor Relations Department at (281) 874-1606.

The purpose of the modeling conference call is to discuss the company's expectations for financial and operating results for the first quarter 2001 and the full year 2001. In last week's earnings release, Anadarko said that given current prices, the company expects 20 percent higher earnings during the first quarter of 2001. The call is designed for investors and analysts and will provide detailed estimates on such items as production volumes, operating costs and expense levels. All interested parties are welcome.

The dial-in number for the call is (719) 457-2669. The confirmation number is 553392.

If you are unable to participate in the call, a rebroadcast will be available through the company's web page or by calling (402) 220-6969. Follow the instructions given over the phone. No access code is required. The rebroadcast will be available from 1:30 p.m. Central Standard Time, Tuesday, Feb. 20, 2001, through midnight Central Standard Time, Tuesday, Feb. 27, 2001. SOURCE Anadarko Petroleum Corporation

CONTACT: investors, Paul Taylor, 281-874-3471, or David Larson, 281-874-3265, or media, Teresa Wong, 281-873-1203, or Anne Pearson, 281-876-8368, all of Anadarko Petroleum Corporation/