On the Road to 2007 Low Emissions With Delo® 400 LE API CJ-4 Jim McGeehan SAE Fellow Chevron Fellow CEngMIMechE Chairman of ASTM Heavy-Duty Oil Classification Panel Global Manager of Diesel Engine Oil Technology Chevron Global Lubricants

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 2 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. US Reducing Diesel Fuel Sulfur 1993 June ,000 ppm 500 ppm ppm On and Off Highway Off Highway 500 ppm 95% On-Highway 15 ppm To Reduce Particulate and for Compatibility With Diesel Particulate Filter (DPF)

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 3 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Reducing Particulate for 2007 and NO X (g/BHP-Hr) API CJ CH-4 CG-4 CI-4 CF-4 Particulate (g/BHP-Hr) Diesel Particulate Filter (DPFs) on All Diesels

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 4 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Passive Diesel Particulate Filter (DPF) Engine Exhaust © Copyright Johnson Matthey Pic 2005 Clean Exhaust

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 5 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Late Post Injection With Common Rail Fuel System Fuel Injection to Heat Exhaust Gas Auxilary Fuel Burner System to Heat Exhaust Gas Active Regeneration Diesel Particulate Filter (DPF) Engine Exhaust © Copyright Johnson Matthey Pic 2005 Clean Exhaust or

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 6 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Diesel Particulate Filter (DPF) Installation DPF

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 7 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Alternative DPF Installation DPF Fuel Tank

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 8 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. “Clean Air” Ash DPF Collects Lubricant Derived Materials Detergent and Inhibitor Base Oil VI Improver

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 9 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. DPF Needs Cleaning to Prevent Power and Fuel Economy Loss 150,000 Miles Minimum Cleaning Interval DPF

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 10 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Cooled EGR to Reduce NO x in NO X (g/BHP-Hr) API CJ CH-4CG-4 CI-4 CF-4 Particulate (g/BHP-Hr) CAT ACERT + Clean Gas Induction (CGI) Increased EGR Rates Over 2002

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 11 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Exhaust Gas Recirculation (EGR) 25-35% More Heat to Coolant Cooled Exhaust Gas From Turbo-Charged Exhaust External Heat Exchanger Exhaust Manifold EGR Control Valve High Pressure (EGR)

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 12 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Caterpillar ACERT – Clean Gas Induction- Low Pressure EGR Diesel Particulate Filter (DPF) EGR Return Pipe to the Engine Air Inlet DPF Outlet / Exhaust Return

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 13 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. The Most Robust Diesel Oil Category API CJ-4

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 14 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Oil’s Ash Limited to 1% to Maximize DPF Cleaning Intervals DPF Oil’s Ash

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 15 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Fresh Oil’s Chemical Limits for API CJ-4 to Maximize DPF Cleaning Interval 1.0% Ash 13% Volatility 0.12% Phosphorus 0.4% Sulfur SAE 15W-40 Low SAPS Low Sulfated Ash, Phosphorus and Sulfur Low SAPS Low Sulfated Ash, Phosphorus and Sulfur API CJ-4

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 16 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. API CI-4 Oils Are Used to Validate “Backward Compatibility” The New Tests in API CJ-4 Caterpillar C-13 ACERT Cummins ISB (EGR) Mack T-12 (EGR) Cummins ISM (EGR)

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 17 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. 9 Engine Tests in API CJ-4 SAE 15W-40 Cummins ISM Cummins ISB Navistar 7.3L Mack T-11 Cat C-13 Gasoline IIIG Cat 1N Mack T-12 *500 ppm *Fuel Sulfur for Backward Compatibility *500 ppm *15 ppm *500 ppm GM 6.5L

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 18 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. SAE 15W-40 The Most Robust API Diesel Oil Category

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 19 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Off-Highway Fuel Sulfur – 500 to 15 ppm API CI-4 PLUS API CJ-4 or Cat ECF-2 Caterpillar John Deere Komatsu (CI-4 PLUS+ Caterpillar C13 Test)

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 20 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. CE CF-4 CG-4 CH-4 CI-4 CI-4 PLUS CJ-4 New API Oil Categories Every 3 Years NO x, g/BHP-Hr Particulate, g/BHP-Hr

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 21 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s Two Product Line Strategy in NO x, g/BHP-Hr Particulate, g/BHP-Hr API CI-4 PLUS API CJ-4 Roll-Over Oil Categories CE CF-4 CG-4 CH-4 CI-4 CI-4 PLUS CJ-4

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 22 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s New Advanced Technology For API CJ-4

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 23 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s Quality Product Line for 2007 Delo Advantage

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 24 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Cummins CES Caterpillar ECF-3 Mack EO-0 Premium Plus 07 Volvo VDS-4 Mercedes Benz Detroit Diesel 93K218 Chevron Delo® 400 Multigrade LE™ API CJ-4 API CJ-4/ CI-4 PLUS/ SM/SL LE=Low Emissions MAN 3275 ACEA E7

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 25 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. API License for CJ-4 October 15 th 2006 API CJ-4 October 15 th Chevron’s Market Launch

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 26 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. API CI-4 PLUS Continues in 2007 for Delo 400 API CI-4 PLUS

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 27 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Customer Pull-Through for CJ-4 or CI-4 PLUS Ryder Delo 400 Customer 185,000 Vehicles Penske Delo 400 Customer 210,000 Vehicles

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 28 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Field Testing Legacy Engines with API CJ-4 and CI-4 PLUS with Regular and Ultra Low Sulfur Diesel (ULSD) Fuel

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 29 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. 35% Lower Iron Wear for ULSD Over Regular Fuel With Chevron Products Cummins 2005 ISM EGR, 370 hp RSD ULSD Fuel Iron ppm 10 ppm Fuel Sulfur 375 ppm Regular Sulfur Diesel Fuel 99% Confidence Level

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 30 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s API CJ-4: 29% Lower Iron Wear Than for CI-4 PLUS CI-4 PLUS CJ Iron ppm Cummins 2005 ISM EGR, 370 hp – 6.4 mpg 20,000-30,000 Mile Oil Drains 95% Confidence Level

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 31 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s API CJ-4: 40% Lower Iron Wear Than CI-4 PLUS CI-4 PLUS CJ-4 Oil Iron ppm CJ-4 Regular Diesel Sulfur Cummins 2005 ISX EGR, 500 hp – 3.7 mpg 10,000-15,000 Mile Oil Drains 99% Confidence Level

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 32 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s API CJ-4 Provides Equal Iron Wear to CI-4 PLUS to 60,000 Mile Oil Drain Oil Miles Mack Vision 2005 EGR, 350/410 hp – 6 mpg Avg of Iron CI-4 PLUS CJ-4 Regular Diesel Sulfur

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 33 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s New Engine Oil Technology Delo® 400 LE API CJ-4 Products Demonstrate “Backward Compatibility” in Legacy Engines In Legacy Engines Delo® 400 LE API CJ-4 Can Provide Equal Durability to API CI-4 PLUS and Extended Oil Drains In Some Applications Delo® 400 LE API CJ-4 Provides Lower Wear Than CI-4 PLUS Due to New Additive Technology

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 34 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Testing 2007 Emission Compliant Engine With DELO 400 LE API CJ-4 Testing Quality Builds With Caterpillar and Cummins Engines With Excellent Results Using Chevron’s Delo 400 LE API CJ-4 Testing Co-Operative Testing With Key Customers and Leading OEMs With Chevron’s Delo 400 LE API CJ-4 Customer

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 35 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Protecting Power Cylinder Inside and Out With Chevron’s Delo 400 LE and Delo ELC EGR Engines G v2 Two Critical Fluids for Engine Durability

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 36 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Oil Drains Driven by Fuel Rate for 2007 Engines With ULSD ECM Fuel Economy, MPG Engine Type A Engine Type B Normal Service – ___ Miles Severe Service – ___ Miles Normal Service ___ Miles No Final Decision on OEM Oil Drains With API CJ-4 by OEMs as of Today – But Expected to be Same as 2002 EGR Engines With ULSD

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 37 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited Emissions Will be Met With DPF’s, SCR, EGR and ULSD NOX (g/BHP-Hr) PC CH-4CG-4 CI-4 CF-4 Particulate (g/BHP-Hr) DPFs SCR + Urea (AdBlue) EGR

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 38 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron’s 3 Years of Experience With DPF- SCR System, Urea and Fuel Tanks for 2010 Fuel Tank Urea Tank and Bosch Pump DPF-SCR System SAE Papers: SAE Papers:

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 39 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Chevron CJ-4 Offering Premium Tier Chevron Delo ® 400 LE™ SAE 15W-40 (API CJ-4) bulk, drums, pails, gallon jugs and quarts available Oct. 15, 2006 Chevron Delo ® 400 SAE 15W-40 (API CI-4 PLUS) Beginning January 1 st 2007 only bulk and drum offered Second Tier Chevron RPM ® SAE 15W-40 (API CI-4 PLUS) bulk, drums, pails and quarts are SKUs available now & after Oct. 15, 2006

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 40 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Mailing Coming Soon! Within the next couple of weeks, Lubrication Marketers will receive a CJ-4 mailing directing customers to: Sales presentation PDS and MSDS Sell Sheet FAQ document Pricing information and product availability Poster Educational brochure

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 41 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. CJ-4 Sales Support Tools Currently available on Chevron Business Point in the Marketing/Sales Support Tools/Sales Toolkit/Commercial Automotive/CJ-4 section FAQs Commercial Automotive Technology Leadership Updates CJ-4 Brochures ULSD Webinar Links

© 2006 Chevron Corporation Global Lubricants 9/15/06 mrmb McGeehan G060408_CMarketers 42 Copyright 2006 Chevron Global Lubricants, a division of Chevron U.S.A. Inc. All rights reserved. Unauthorized reproduction is prohibited. Thank You for Your Time. We Welcome any Questions on Chevron’s Delo 400 LE and Our Strategy Positioning Jim McGeehan SAE Fellow Chevron Fellow CEngMIMechE Chairman of ASTM Heavy-Duty Oil Classification Panel Global Manager of Diesel Engine Oil Technology Chevron Global Lubricants