IRVING, Texas--(BUSINESS WIRE)--Nov. 13, 2002--Exxon Mobil Corporation (NYSE:XOM)("ExxonMobil") today announced that its affiliates have completed the sale of Compania Minera Disputada De Las Condes Limitada ("Disputada"), a Chile copper mining business, to affiliates of Anglo American plc for $1.3 billion plus possible future copper price participation of up to $120 million.

The principal assets of Disputada include the Los Bronces copper mine, the El Soldado copper mine and the Chagres smelter, all located in Chile's central region.

--30--ma/da*