<SUBMISSION>
<ACCESSION-NUMBER>0000797468-07-000086
<TYPE>11-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20061231
<FILING-DATE>20070629
<DATE-OF-FILING-DATE-CHANGE>20070629
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>OCCIDENTAL PETROLEUM CORP /DE/
<CIK>0000797468
<ASSIGNED-SIC>1311
<IRS-NUMBER>954035997
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>11-K
<ACT>34
<FILE-NUMBER>001-09210
<FILM-NUMBER>07951132
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>10889 WILSHIRE BLVD
<CITY>LOS ANGELES
<STATE>CA
<ZIP>90024
<PHONE>3102088800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>10889 WILSHIRE BOULEVARD
<CITY>LOS ANGELES
<STATE>CA
<ZIP>90024
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>form11k-2006.htm
<DESCRIPTION>FORM 11-K
<TEXT>
<html>

  <head>
    <title>Occidental Petroleum Corporation</title>
  </head>

<body bgcolor="#ffffff">

<p style='margin-top:72pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>SECURITIES AND
EXCHANGE COMMISSION</font></p>

<p style='margin-top:2pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>Washington, D.C.
20549</font></p>

<p style='margin-top:28pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>FORM
11-K</font></p>

<p style='margin-top:28pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>(Mark
One)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="50" valign=top>
      <p style='margin-top:14pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>[X]</font></p></td>
    <td width="670" valign=top>
      <p style='margin-top:14pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>ANNUAL REPORT PURSUANT
      TO SECTION 15(d) OF THE SECURITIES</font></p>
      <p style='margin-top:2pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>EXCHANGE ACT OF 1934
      [<i>NO FEE REQUIRED</i>]</font></p></td></tr></table>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>For the fiscal year
ended December 31, 2006</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:10pt'>OR</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="50" valign=top>
      <p style='margin-top:14pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>[&nbsp;&nbsp;&nbsp;]</font></p></td>
    <td width="670" valign=top>
      <p style='margin-top:14pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>TRANSITION REPORT
      PURSUANT TO SECTION 15(d) OF THE SECURITIES</font></p>
      <p style='margin-top:2pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>EXCHANGE ACT OF 1934
      [<i>NO FEE REQUIRED</i>]</font></p></td></tr></table>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>For the transition
period from ____________ to ______________</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>Commission file
number: 1-9210</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-indent:50;text-align:left;width:720'><font face='arial' style='font-size:9pt'>A.
Full title of the plan and the address of the plan, if different from that of the issuer named below:</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>Occidental
Petroleum Corporation Savings Plan</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-indent:50;text-align:left;width:720'><font face='arial' style='font-size:9pt'>B.
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:</font></p>

<p style='margin-top:14pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>Occidental
Petroleum Corporation</font></p>

<p style='margin-top:2pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>10889 Wilshire
Boulevard</font></p>

<p style='margin-top:2pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'>Los Angeles,
California 90024</font></p>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:36pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:9pt'><b>Signatures</b></font></p>

<p style='margin-top:42pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>Pursuant to the
requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Plan) have duly caused this
annual report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:28pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>OCCIDENTAL PETROLEUM
      CORPORATION</font></p>
      <p style='margin-top:2pt;margin-bottom:0pt;margin-left:6pt;text-align:left'><font face='arial' style='font-size:9pt'>SAVINGS
      PLAN</font></p></td></tr>
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>&nbsp;</font></p></td>
    <td width="22" valign=top style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:42pt;margin-bottom:0pt;margin-left:0pt;text-align:left'><font face='arial' style='font-size:9pt'>By</font></p></td>
    <td width="338" valign=top style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:42pt;margin-bottom:0pt;margin-left:0pt;text-align:left'><font face='arial' style='font-size:9pt'>/s/
      DANIEL S. WATTS</font></p></td></tr>
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>&nbsp;</font></p></td>
    <td width="22" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='arial' style='font-size:9pt'>&nbsp;</font></p></td>
    <td width="338" valign=top>
      <p style='margin-top:2pt;margin-bottom:0pt;margin-left:0pt;text-align:left'><font face='arial' style='font-size:9pt'>Daniel S.
      Watts - Member of the</font></p>
      <p style='margin-top:2pt;margin-bottom:0pt;margin-left:0pt;text-align:left'><font face='arial' style='font-size:9pt'>Occidental
      Petroleum Corporation</font></p>
      <p style='margin-top:2pt;margin-bottom:0pt;margin-left:0pt;text-align:left'><font face='arial' style='font-size:9pt'>Pension
      and Retirement Plan Administrative Committee</font></p></td></tr></table>

<p style='margin-top:42pt;margin-bottom:0pt;text-align:left;width:720'><font face='arial' style='font-size:9pt'>Dated: June 29,
2007</font></p>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:36pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:24pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>Index</b></font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:36pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Page</b></font></p></td></tr>
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Report of
      Independent Registered Public Accounting Firm</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1</font></p></td></tr>
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Statements of
      Net Assets Available for Benefits &#150; December 31, 2006 and 2005</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2</font></p></td></tr>
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Statements of
      Changes in Net Assets Available for Benefits &#150; Years ended December 31, 2006</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:22;text-align:left'><font face='times new roman' style='font-size:11pt'>and
      2005</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3</font></p></td></tr>
  <tr>
    <td width="690" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Notes to
      Financial Statements</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4</font></p></td></tr></table>

<p style='margin-top:10pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'><b>Supplemental
Schedules</b></font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="22" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>1</font></p></td>
    <td width="668" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Schedule H,
      Line 4i &#150; Schedule of Assets (Held at End of Year) &#150; December&nbsp;31, 2006</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>19</font></p></td></tr>
  <tr>
    <td width="22" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>2</font></p></td>
    <td width="668" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Schedule H,
      Line 4j &#150; Schedule of Reportable Transactions &#150; Year ended December 31,</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="22" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="668" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>2006</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:6pt;text-align:right'><font face='times new roman' style='font-size:11pt'>21</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="50" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Note:</font></p></td>
    <td width="670" valign=top>
      <p style='margin-top:10pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Other
      supplemental schedules have been omitted because they are not applicable or are not required by 29 CFR 2520.103-10 of the
      Department of Labor&#146;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security
      Act of 1974, as amended.</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:90pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>Report
of Independent Registered Public Accounting Firm</b></font></p>

<p style='margin-top:30pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>The
Occidental Petroleum Corporation</font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:left;margin-left:0.19in;width:720'><font face='times new roman' style='font-size:11pt'>Pension
and Retirement Plan Administrative Committee:</font></p>

<p style='margin-top:18pt;margin-bottom:0pt;text-align:justify;width:720'><font face='times new roman' style='font-size:11pt'>We have
audited the accompanying statements of net assets available for benefits of the Occidental Petroleum Corporation Savings Plan (the
Plan) as of December 31, 2006 and 2005, and the related statements of changes in net assets available for benefits for the years
then ended. These financial statements are the responsibility of the Plan&#146;s management. Our responsibility is to express an
opinion on these financial statements based on our audits.</font></p>

<p style='margin-top:10pt;margin-bottom:0pt;text-align:justify;width:720'><font face='times new roman' style='font-size:11pt'>We
conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those
standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.</font></p>

<p style='margin-top:10pt;margin-bottom:0pt;text-align:justify;width:720'><font face='times new roman' style='font-size:11pt'>In our
opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits
of the Plan as of December 31, 2006 and 2005, and the changes in net assets available for benefits for the years then ended in
conformity with U.S. generally accepted accounting principles.</font></p>

<p style='margin-top:10pt;margin-bottom:0pt;text-align:justify;width:720'><font face='times new roman' style='font-size:11pt'>Our
audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental
schedules of Schedule H, line 4i &#150; schedule of assets (held at end of year) as of December 31, 2006 and Schedule H, line 4j
&#150; schedule of reportable transactions for the year ended December 31, 2006 are presented for purposes of additional analysis
and are not a required part of the basic financial statements but are supplementary information required by the Department of
Labor&#146;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as
amended (ERISA). These supplemental schedules are the responsibility of the Plan&#146;s management. The supplemental schedules have
been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly
stated, in all material respects, in relation to the basic financial statements taken as a whole.</font></p>

<p style='margin-top:48pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>/s/ KPMG
LLP</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>Los
Angeles, California</font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>June 27,
2007</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>1</font></p>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Statements
of Net Assets Available for Benefits</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>(Amounts
in thousands)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:18pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:18pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Investments:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>At
      fair value:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Money
      market account</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>15,512</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>9,663</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Common/collective
      trust</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>19,230</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>15,239</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Common stock</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>763,408</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>683,801</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Mutual
      funds</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>531,670</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>436,291</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Participant
      loans</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>22,359</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>21,277</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Plan
      interest in master trust accounts</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>362,295</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>321,725</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      investments</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,714,474</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,487,996</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Receivables:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Interest
      and dividends</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>10,671</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>3,053</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Participant
      contributions</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,983</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Employer
      contributions</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,070</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Due
      from broker for securities sold</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,754</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      receivables</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>10,671</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>7,860</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      assets</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,725,145</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,495,856</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Liabilities:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Accrued
      expenses</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>33</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Payable
      under securities lending agreement</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>15,512</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>9,663</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Due
      to broker for securities purchased</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>9,822</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>3,473</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      liabilities</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>25,334</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>13,169</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Net
      assets available for benefits at fair value</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,699,811</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,482,687</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Adjustment
      from fair value to contract value for interest in master</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>trust
      account relating to fully benefit responsive</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>investment
      contracts</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>2,790</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,273</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Net
      assets available for benefits</font></p></td>
    <td width="22" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="101" style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,702,601</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,483,960</font></p></td></tr></table>

<p style='margin-top:18pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>See
accompanying notes to financial statements.</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>2</font></p>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Statements
of Changes in Net Assets Available for Benefits</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Years
ended December 31, 2006 and 2005</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>(Amounts
in thousands)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:18pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:18pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Additions:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Additions
      to net assets attributable to:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Investment
      income:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Interest</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,480</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,025</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Dividends</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>31,486</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>18,044</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Net
      appreciation in fair value of investments</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>203,384</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>208,106</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Plan
      interest in master trust accounts investment income</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>23,134</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>14,999</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      investment income</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>259,484</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>242,174</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Contributions:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Participant</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>54,080</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>49,273</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Employer</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>27,614</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>23,993</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left;'><font face='times new roman' style='font-size:11pt'>Participant
      rollovers</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>8,242</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>27,190</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      contributions</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>89,936</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>100,456</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      additions</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>349,420</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>342,630</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Deductions:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Deductions
      from net assets attributable to:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Benefits
      paid to participants</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>130,036</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>100,477</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left;'><font face='times new roman' style='font-size:11pt'>Plan
      expenses</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>743</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>992</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Total
      deductions</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>130,779</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>101,469</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left;'><font face='times new roman' style='font-size:11pt'>Net increase</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>218,641</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>241,161</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Net assets
      available for benefits:</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left;'><font face='times new roman' style='font-size:11pt'>Beginning
      of year</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,483,960</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,242,799</font></p></td></tr>
  <tr>
    <td width="474" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:15;text-align:left;'><font face='times new roman' style='font-size:11pt'>End
      of year</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,702,601</font></p></td>
    <td width="22" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="101" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,483,960</font></p></td></tr></table>

<p style='margin-top:18pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>See
accompanying notes to financial statements.</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>3</font></p>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(1)</b></font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Description
      of the Plan</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      following description of the Occidental Petroleum Corporation Savings Plan (the Plan) provides only general information.
      Participants should refer to the Plan document for a more complete description of the Plan&#146;s
      provisions.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(a)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>General</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The Plan
      is a defined contribution plan generally available to certain employees of Occidental Petroleum Corporation (OPC, Oxy, or the
      Employer), a Delaware corporation, and participating subsidiaries (collectively, the Company). The Plan is subject to the
      provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA).</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(b)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Plan
      Administration</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The Plan
      is administered by the OPC Pension and Retirement Trust and Investment Committee (PARTAIC) as to investment decisions and by
      the OPC Pension and Retirement Plan Administrative Committee (PARPAC) as to all matters except investment decisions (these two
      committees are herein referred to collectively as the Committees). Members of the Committees are selected by the board of
      directors of OPC (the Board). The Committees have been given all powers necessary to carry out their respective duties,
      including, but not limited to, the power to administer and interpret the Plan and to answer all questions affecting
      eligibility of participants. The Bank of New York Trust Company (the Trustee) is the trustee and custodian of the trust fund,
      which holds all of the assets of the Plan.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(c)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Contributions</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Participant
      Contributions &#150; Each year, participants may contribute up to the maximum contribution percentage of compensation (as
      defined) to the Plan on a before- or after-tax basis, or in any combination thereof, subject to certain Internal Revenue Code
      (IRC) limitations. For 2006, the deferral percentage limits were 30.7% for non-Highly Compensated Employees (non-HCEs) and 14%
      for Highly Compensated Employees (HCEs). For 2005, the deferral percentage limits were 30.9% for non-HCEs and 14% for HCEs.
      Participants age 50 or older by the end of the Plan year were permitted to contribute before-tax catch-up contributions to the
      Plan up to $5,000 and $4,000 for the 2006 and 2005 Plan years, respectively.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Employer
      Matching Contributions &#150; For noncollectively bargained employees, the Company contributes 100% of a participant&#146;s
      contribution up to the first 6% of eligible compensation. For collectively bargained employees, the Company contributes 50%,
      65%, 75%, 90%, or 100%, as negotiated by their respective unions, of the first 6% of eligible compensation that a participant
      contributed to the Plan. All Employer contributions are invested in the Occidental Petroleum Corporation Common Stock Fund
      (the Oxy Stock Fund).</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(d)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Participant
      Accounts</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Each
      participant&#146;s account is credited with the participant&#146;s elected contribution, the Employer&#146;s respective
      matching contribution, and allocations of Plan earnings, and charged with an allocation of Plan investment losses and Trustee
      fees. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is
      entitled is the benefit that can be provided from the participant&#146;s vested account.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(e)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Vesting</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Participants
      are vested immediately in their contributions plus actual earnings thereon. Effective June 1, 2002, participants became 100%
      vested in dividends credited to their balance in the Company Matching Contribution Account under the Oxy Stock Fund on or
      after June 1, 2002. Vesting in the Company&#146;s contribution portion of their accounts is based on years of continuous
      service. Generally, a participant is 20% vested for each full year of service and is 100% vested after five years of vesting
      service.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(f)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Participant
      Loans</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Participants
      may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of: (i) $50,000 reduced by the
      highest outstanding principal loan balance during the preceding 12 months, (ii) 50% of their account balance, or (iii) a loan
      amount that would require monthly payroll deductions for repayment not greater than 25% of the participant&#146;s monthly base
      compensation. Loan terms range from one to five years for general purpose loans and six to ten years for primary residence
      loans. The loans are secured by the balance in the participant&#146;s account and bear interest at a fixed rate equal to the
      Western Federal Credit Union&#146;s loan rate for a loan secured by a member&#146;s deposit account at the time the loan is
      approved. Interest rates ranged from 2% to 12% on loans outstanding as of December 31, 2006. Principal and interest are paid
      ratably through monthly payroll deductions.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(g)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Distributions</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Generally,
      on termination of service for any reason other than death, participants with an account balance greater than $5,000 may elect
      to receive the vested portion of their account under one of the following distribution options: (i) one lump-sum payment, (ii)
      straight-life annuity, (iii) ten-year term certain annuity, (iv) joint and survivor annuity, (v) partial cash distribution, or
      (vi) deferral of payment with certain restrictions. Upon termination of service due to death, the beneficiary may elect to
      receive the vested interest in the form of (i), (ii), (iii), or (vi) only. A participant whose vested account balance is
      $5,000 or less may receive distributions only under options (i), (v), or (vi). Participants may elect to receive distributions
      from their account balance in the Oxy Stock Fund in cash or in shares of OPC common stock.</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(h)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Forfeited
      Accounts</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Forfeited
      nonvested accounts are used to pay reasonable costs of administering the Plan and reduce employer contributions. During 2006
      and 2005, employer contributions were reduced by approximately $638,000 and $402,000, respectively, from forfeited nonvested
      accounts. At December 31, 2006 and 2005, forfeited nonvested accounts totaled $222,581 and $20,405, respectively. These
      accounts will be used to reduce future contributions.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(i)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Plan
      Amendments</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Effective
      July 1, 2006, the Plan&#146;s definition of eligible compensation was amended to include base salary or wages received during
      paid leaves of absence and periodic notice pay, but not single sum notice payments or any severance pay
      payments.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(2)</b></font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Summary of
      Significant Accounting Policies</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(a)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Basis
      of Accounting</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      financial statements of the Plan are prepared under the accrual method of accounting. Certain reclassifications have been made
      to the 2005 financial statements to be consistent with the current year presentation.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(b)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Use of
      Estimates</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to
      make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure
      of contingent assets and liabilities. Actual results could differ from those estimates.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(c)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>New
      Accounting Pronouncement</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>As
      described in Financial Accounting Standards Board Staff Position, FSP AAG INV-1 and SOP 94-4-1, <i>Reporting of Fully
      Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Guide and
      Defined Contribution Health and Welfare and Pension Plans</i> (the FSP), investment contracts held by a defined contribution
      plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion
      of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment
      contracts because contract value is the amount participants would receive if they were to initiate permitted transactions
      under the terms of the plan. As required by the FSP, the statement of net assets available for benefits presents the fair
      value of the investment contracts from fair value to contract value. Prior year balances have been reclassified accordingly.
      The statement of changes in net assets available for benefits is prepared on a contract value
      basis.</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>6</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(d)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Investment
      Valuation and Income Recognition</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Plan&#146;s investments are stated at fair value. The common/collective trust is valued by the issuer based on quoted prices
      of the underlying securities, if available. Shares of mutual funds are valued at the net asset value of shares held by the
      Plan at year-end. Participant loans are valued at cost, which approximates fair value.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Purchases
      and sales of securities are recorded on a trade-date basis. Interest income is recorded on an accrual basis. Dividends are
      recorded on the ex-dividend date.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>(e)</i></b></font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b><i>Payment
      of Benefits</i></b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="660" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Benefits
      are recorded when paid.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(3)</b></font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Investments</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The following
      presents investments that represent 5% or more of the Plan&#146;s net assets (amounts in
      thousands):</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="3" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>December
      31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Oxy
      stock*</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>715,677</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>650,998</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Invesco Stable
      Value Fund (GIC MTIA)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>286,847</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>258,284</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>MFO Vanguard
      Employee Benefit Index Fund</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>175,431</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>163,679</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>MFO Dodge
      &amp; Cox Balanced Fund</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>91,325</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>74,978</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>All other
      investments less than 5%</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>445,194</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>340,057</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      investments</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,714,474</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1,487,996</font></p></td></tr></table>

<p style='margin-top:6pt;margin-bottom:0pt;margin-left:30;text-align:left;width:690'><font face='times new roman' style='font-size:11pt'>*Participant-
and nonparticipant-directed.</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>During
2006 and 2005, the Plan&#146;s investments (including gains and losses on investments bought and sold, as well as held during the
year) appreciated in value as follows (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Common
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>152,764</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>187,668</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Mutual
      funds</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>50,620</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>20,438</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>203,384</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="108" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>208,106</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Plan participated in the Trustee&#146;s Securities Lending Program for its U.S. securities held in custody at the Trustee. These
securities are loaned by the Trustee to third-party broker-dealers in exchange for collateral (primarily cash), in compliance with
Department of Labor collateral requirements. For U.S. securities, the collateral is at least 102% of the fair value of the borrowed
securities. The cash received as collateral is invested in the Trustee&#146;s Institutional Cash Reserves Fund, which is a money
market fund. The fair value of securities loaned was approximately $14,982,000 and $9,364,000 at</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>7</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005, respectively. Cash collateral of approximately $15,512,000 and $9,663,000 was held at December 31, 2006 and 2005,
respectively, with an offsetting liability.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Plan and the Trustee each receive a percentage of net income derived from securities lending activities based on the types of
securities. Income earned during 2006 and 2005 was approximately $2,000 each year, net of bank fees of approximately $3,000 and
$2,000, respectively. This income is included in investment income as interest in the accompanying statements of changes in net
assets available for benefits.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(4)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Oxy Stock
      Fund</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Information
      regarding the net assets and the significant components of the changes in net assets relating to the Oxy Stock Fund, which
      includes both participant- and nonparticipant-directed investments, is as follows (amounts in
      thousands):</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>December
      31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      assets:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Oxy
      Stock Fund</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>734,490</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>669,287</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Year
      Ended December 31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Changes in net
      assets:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Contributions</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>32,681</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>36,375</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Investment
      income</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>14,941</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>11,174</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      appreciation in fair value of investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>145,886</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>184,893</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Transfers
      between funds</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(72,562</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(64,258</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Benefits
      paid to participants</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(53,629</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(45,747</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Administrative
      expenses</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(114</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(114</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>67,203</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>122,323</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(5)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Plan
      Interest in Master Trust Accounts</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The Plan
      invests in three Master Trust Investment Accounts (MTIA), a guaranteed investment contract fund managed by Invesco (GIC MTIA,
      also known as the Invesco Stable Value Fund), a convertible bond fund managed by Advent Capital Management (Advent MTIA), and
      a small cap equity fund managed by Alliance Bernstein Institutional Investment Management (Bernstein MTIA). The Plan and the
      OPC Retirement Plan each own an undivided interest in the GIC MTIA. The Plan and the OPC Master Retirement Trust (MRT) each
      own an undivided interest in the Advent MTIA and Bernstein MTIA.</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>8</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following table presents the fair value of the net assets held by the GIC MTIA, in which the Plan owns an undivided interest, as
stated within (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>December
      31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      assets of GIC MTIA:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Guaranteed
      investment contracts, at fair value</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>500,173</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>484,027</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Short-term
      Investment Fund</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>12,781</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>6,939</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Due
      from broker for securities sold</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,624</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>939</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Accrued
      expense</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(167</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(112</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Accrued
      investment income</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>45</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>25</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>514,456</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>491,818</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan&#146;s
      percentage interest in GIC MTIA net assets</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>56</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>53</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan interest
      in GIC MTIA</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>286,847</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>258,284</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following table presents the investment income earned by the GIC MTIA, in which the Plan owns an undivided interest, as stated in
the table above (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Year
      ended December 31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Investment
      income:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      appreciation in contract value of investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>24,487</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>21,664</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Less
      investment expenses</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(404</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(371</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>24,083</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>21,293</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Plan&#146;s interest in the net change (including investment income, additions, and deductions) in the GIC MTIA for the years ended
December 31, 2006 and 2005 were approximately $13,060,000 and $10,662,000, respectively. The GICs are valued at fair value because
they are fully benefit responsive. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their
investment at contract value.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Withdrawals
resulting from events initiated by the Company, such as Plan termination, are not typically considered participant-initiated
transactions. With such an event, some of the contracts contain contingencies that could lead to withdrawal penalties. The
Committees are not aware of any such event being contemplated at this time.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Contract
value for the synthetic GICs is determined based on the fair value of the assets underlying the synthetic GICs. The difference
between the fair value of the assets underlying the synthetic GICs and the contract value of the GICs is the value of the
&#147;wrapper&#148; contract issued by a third party. The fair value for GICs varies based on the type of contract held (e.g.,
security-backed investments and general account</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>9</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>investments).
Fair value of the general account investment type GICs is derived by comparing the contract value, on a duration basis, to the yield
curve. Fair value of the nonparticipating synthetic GICs is determined by comparing each contract, on a duration basis, to a
Treasury yield curve at year-end plus 40 basis points. Fair value for security-backed investment contracts was derived from outside
sources, based on the type of investment held.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>GICs
provide a fixed crediting interest rate, and a financially responsible entity guarantees liquidity at contract value prior to
maturity for any and all participant-initiated benefit withdrawals, loans, or transfers arising under the terms of the respective
participating Plan, which allows access for all participants.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Synthetic
GICs operate similarly to a separate account guaranteed investment contract, except that the assets are placed in a trust with
ownership by GIC MTIA rather than a separate account of the issuer and a financially responsible third party issues a wrapper
contract that provides that participants can, and must, execute Plan transactions at contract value.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
wrapper contract is valued at the difference between the fair value of the underlying assets and the contract value attributable by
the wrapper to such assets. When considered together, the underlying assets and the wrapper contract are reported at the wrapper
contract value because participants are guaranteed a return of principal and accrued interest.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>During
2006 and 2005, the average yield earned on amounts invested in the GICs was 4.92% and 4.72%, respectively. As of December 31, 2006
and 2005, the average crediting interest rate on such contracts was 5.07% and 4.74%, respectively. There were no valuation reserves
recorded to adjust contract amounts during the Plan years. Crediting rate resets are applied to specific investment contracts, as
determined at the time of purchase. The reset values for security-backed investment rates are a function of contract value, market
value, yield, and duration. General account investment rates are based on a predetermined index rate of return plus a fixed-basis
point spread.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>10</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following reconciliation is between the contract value and the fair value of the investments in the GIC MTIA at December 31, 2006
(amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Duration</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>(years)</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Crediting</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>interest rate</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>percentage</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Contract</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>value</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Fair</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>value</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Security-backed
      investments:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Synthetics:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Bank
      of America NT &amp; SA</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1.98</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5.25</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>53,557</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>53,540</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>ING
      Life Ins &amp; Ann Co (#60032)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>2.28</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>4.52</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>71,017</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>69,972</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>JP
      Morgan Chase</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>3.54</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5.06</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>93,052</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>91,996</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Monumental
      Life Ins. Co. (#00595)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>4.36</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5.05</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>78,101</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>77,113</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Pacific
      Life Insurance</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>2.28</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5.05</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>67,233</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>66,932</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>State
      Street Bank</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>3.54</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>4.95</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>88,960</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>87,577</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>UBS
      AG</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>1.98</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5.05</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>53,257</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>53,043</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      synthetics</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:3pt;margin-right:10;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>505,177</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:3pt;margin-right:10;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>500,173</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Short-term
      investment fund:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Bank
      of New York</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>12,781</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>12,781</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      guaranteed</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>investment
      contracts</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>517,958</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>512,954</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Synthetic
      wrappers</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>5,004</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      contract value of</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>guaranteed
      investment</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>contracts</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>517,958</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="79" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:10;text-align:right'><font face='times new roman' style='font-size:11pt'>517,958</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>11</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following reconciliation is between the contract value and the fair value of the investments in the GIC MTIA at December 31, 2005
(amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Duration</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>(years)</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Crediting</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>interest rate</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>percentage</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Contract</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>value</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Fair</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>value</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Security-backed
      investments:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Synthetics:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Bank
      of America NT &amp; SA</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1.69</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.24</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>49,550</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>49,517</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>ING
      Life Ins &amp; Ann Co (#60032)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2.37</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.21</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>61,834</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>60,849</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>ING
      Life Ins &amp; Ann Co (#60072)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2.70</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3.65</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>8,591</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>8,443</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>JP
      Morgan Chase</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3.55</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.98</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>87,412</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>87,254</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Metropolitan
      Life</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2.37</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.85</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>60,952</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>60,885</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Monumental
      Life Ins. Co. (#00595)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.45</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5.51</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>75,116</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>75,029</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>State
      Street Bank</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3.55</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.82</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>87,632</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>87,038</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>UBS
      AG</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1.69</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4.25</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>49,399</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>49,042</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      synthetics</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>480,486</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>478,057</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>General
      account investments:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Monumental
      Life Insurance Co.</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>0.43</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5.05</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,964</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,970</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      general account</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,964</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,970</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Short-term
      investment fund:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Bank
      of New York</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>6,939</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>6,939</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      guaranteed</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>investment
      contracts</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>493,389</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>490,966</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Synthetic
      wrappers</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2,429</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Difference
      between the fair value and</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>contract
      value on the nonsynthetic</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>

  <tr>
    <td width="374" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>GICs</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(6</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:8pt'>1</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      contract value of</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>guaranteed
      investment</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="374" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:90;text-align:left'><font face='times new roman' style='font-size:11pt'>contracts</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>493,389</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="69" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>493,389</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="20" valign=top>
      <p style='margin-top:16pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:8pt'><sup>1</sup>&nbsp;</font></p></td>
    <td width="670" valign=top>
      <p style='margin-top:18pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>The
      difference of $6,000 between the fair value and the contract value of the guaranteed investment contracts is due to the
      security-backed investments and general account investments that do not have synthetic wrappers associated with
      them.</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>12</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following table presents the fair value of the net assets held by the Advent MTIA, in which the Plan owns an undivided interest, as
stated within (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>December
      31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets of
      Advent MTIA:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Investments
      at fair value as determined by</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>quoted
      market price:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Short-term
      investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>471</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>498</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Collateral
      received for securities loaned</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,819</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,410</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Common
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3,015</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4,033</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Preferred
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>9,093</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>6,119</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Corporate
      bonds</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>19,287</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>17,241</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>37,685</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>33,301</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Receivables:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>Due
      from broker for securities sold</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>15</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>12</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>Accrued
      investment income</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>143</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>115</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      receivables</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>158</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>127</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      assets</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>37,843</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>33,428</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Liabilities:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Payable
      under securities lending agreement</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,819</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,410</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      liabilities</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,819</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,410</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      assets of Advent MTIA</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>32,024</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>28,018</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan&#146;s
      percentage interest in Advent MTIA net assets</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>15</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>13</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan interest
      in Advent MTIA</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>4,810</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3,510</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>13</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following table presents the investment income earned by the Advent MTIA, in which the Plan owns an undivided interest, as stated in
the previous table (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Year
      ended December 31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Investment
      income:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      appreciation (depreciation) in fair value of investments:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Common
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>496</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>146</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Preferred
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>766</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(270</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Corporate
      bonds</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,034</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>122</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2,296</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(2</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Interest
      and dividends</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>886</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>848</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Less
      investment expenses</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(219</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(194</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2,963</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>652</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Plan&#146;s interest in the net change (including investment income, additions, and deductions) in the Advent MTIA for the years
ended December 31, 2006 and 2005 were approximately $391,000 and $94,000, respectively.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Advent MTIA participated in the Trustee&#146;s Securities Lending Program for its U.S. securities held in custody at the Trustee to
provide incremental income in 2006 and 2005. These securities are loaned by the Trustee to third-party broker-dealers in exchange
for collateral (primarily cash), in compliance with Department of Labor collateral requirements. For U.S. securities, the collateral
is at least 102% of the fair value of the borrowed securities. The cash received as collateral is invested in the Trustee&#146;s
Institutional Cash Reserves Fund, which is a money market fund. The fair value of securities loaned was approximately $5,700,000 and
$5,226,000 at December 31, 2006 and 2005, respectively. Cash collateral of approximately $5,819,000 and $5,410,000 was held at
December 31, 2006 and 2005, respectively, with an offsetting liability.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
Advent MTIA and the Trustee each receive a percentage of net income derived from securities lending activities based on the types of
securities. Income earned during 2006 and 2005 was approximately $6,000 and $10,000, respectively, which is included in interest
and dividends net of bank fees of approximately $6,000 and $13,000, respectively.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>14</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Effective
July 1, 2004, the Plan and the MRT combined their respective Alliance Bernstein investment accounts into the Bernstein MTIA. The
following table presents the fair value of net assets held by the Bernstein MTIA in which the Plan owns an undivided interest, as
stated within (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>December
      31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets of
      Bernstein MTIA:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Assets:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Investments
      at fair value as determined by</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>quoted
      market price:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Short-term
      investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>5,395</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>3,451</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Collateral
      received for securities loaned</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>27,807</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>27,321</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:11pt'>Common
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>137,030</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>117,056</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      investments</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>170,232</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>147,828</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Receivables:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>Due
      from broker for securities sold</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>174</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>912</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:11pt'>Accrued
      investment income</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>179</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>99</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      receivables</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>353</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,011</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      assets</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>170,585</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>148,839</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Liabilities:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Due
      to broker for securities purchased</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>725</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>259</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Payable
      under securities lending agreement</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>27,807</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>27,321</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Total
      liabilities</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>28,532</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>27,580</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:75;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      assets of Bernstein MTIA</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>142,053</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>121,259</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan&#146;s
      percentage interest in Bernstein MTIA net assets</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>50</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>49</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Plan interest
      in Bernstein MTIA</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>70,638</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>59,931</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following table presents the investment income earned by the Bernstein MTIA, in which the Plan owns an undivided interest, as stated
in the table above (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="5" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Year
      ended December 31</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Investment
      income:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:11pt'>Net
      appreciation in fair value of investments:</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Common
      stock</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>18,424</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>8,472</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Interest
      and dividends</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>2,314</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,446</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>Less
      investment expenses</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(968</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(887</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>19,770</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>9,031</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>15</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Plan&#146;s interest in the net change (including investment income, additions, and deductions) in the Bernstein MTIA for the
      years ended December 31, 2006 and 2005 were $9,683,000 and $4,243,000, respectively.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Bernstein MTIA participated in the Trustee&#146;s Securities Lending Program for its U.S. securities held in custody at the
      Trustee to provide incremental income in 2006 and 2005. These securities are loaned by the Trustee to third-party
      broker-dealers in exchange for collateral (primarily cash), in compliance with Department of Labor collateral requirements.
      For U.S. securities, the collateral is at least 102% of the fair value of the borrowed securities. The cash received as
      collateral is invested in the Trustee&#146;s Institutional Cash Reserves Fund, which is a money market fund. The fair value of
      securities loaned was approximately $27,034,000 and $26,394,000 at December 31, 2006 and 2005, respectively. Cash collateral
      of approximately $27,807,000 and $27,321,000 was held at December 31, 2006 and 2005, respectively, with an offsetting
      liability.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Bernstein MTIA and the Trustee each receive a percentage of net income derived from securities lending activities based on the
      types of securities. Income earned during 2006 and 2005 was approximately $21,000 and $14,000, respectively, net of bank fees
      of approximately $24,000 and $16,000, respectively.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(6)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Related-Party
      Transactions</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Trustee and OPC are parties in interest as defined by ERISA. The Trustee invests certain Plan assets in its Collective
      Short-Term Investment Fund and the Oxy Stock Fund. Such transactions qualify as party-in-interest transactions permitted by
      the Department of Labor regulations. The Plan paid about $282,000 and $310,000 to the Trustee for the years ended December 31,
      2006 and 2005, respectively.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(7)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Plan
      Termination</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Although
      it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any
      time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants would become
      100% vested in their Employer contributions.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(8)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Tax
      Status</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      Internal Revenue Service has determined and informed the Company, by a letter dated June 14, 2004, that the Plan and related
      trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended since receiving the
      determination letter, the Committees, using their judgment and the advice of their advisors, believe that the Plan is
      currently designed and operating in a manner that preserves its tax-qualified status.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(9)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Risks and
      Uncertainties</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The Plan
      invests in various types of investment securities, including mutual funds, actively managed funds, and the Oxy Stock Fund.
      Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Due to the level of risk
      associated with certain investment securities, it is at least reasonably possible that changes in the values of investment
      securities will occur in the near term and that such changes could materially affect participant&#146;s account balance and
      the amounts reported in the statements of net assets available for benefits.</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>16</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Additionally,
      some mutual funds invest in the securities of foreign companies, which involve special risks and considerations not typically
      associated with investing in U.S. companies. These risks include devaluation of currencies, less reliable information about
      issuers, different securities transaction clearance and settlement practices, and possible adverse political and economic
      developments. Moreover, securities of many foreign companies and their markets may be less liquid and their prices more
      volatile than similar types of securities of comparable U.S. companies.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Derivative
      financial instruments are used by the Plan&#146;s equity and fixed-income investment managers to remain fully invested in the
      asset class and to hedge currency risk. Leveraging of the Plan assets and speculation are prohibited.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>As of
      December 31, 2006 and 2005, approximately 42% and 44%, respectively, of total Plan investments were invested in Oxy
      stock.</font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(10)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Reconciliation
      of the Financial Statements to the Form 5500</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>The
      following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 (amounts in
      thousands):</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Net assets
      available for benefits per the financial statements</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,702,601</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,483,960</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Amounts
      allocated to withdrawing participants</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(429</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(719</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Net assets
      available for benefits per the Form 5500</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,702,172</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>1,483,241</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>The
following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500 for the years ended
December 31, 2006 and 2005 (amounts in thousands):</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="690" style='margin-left:30px'>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2006</b></font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>2005</b></font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Benefits paid
      to participants per the financial statements</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>130,036</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>100,477</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Amounts
      allocated to withdrawing participants</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>at
      December 31, 2006</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>429</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Amounts
      allocated to withdrawing participants</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>at
      December 31, 2005</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(719</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>719</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Amounts
      allocated to withdrawing participants</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:30;text-align:left'><font face='times new roman' style='font-size:11pt'>at
      December 31, 2004</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(1,534</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>)</font></p></td></tr>
  <tr>
    <td width="446" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>Benefits paid
      to participants per the Form 5500</font></p></td>
    <td width="14" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>$</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>129,746</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="14" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="98" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>99,662</font></p></td>
    <td width="10" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Amounts
allocated to withdrawing participants are recorded on the Form 5500 for benefit payments that have been processed and approved for
payment prior to December 31, but are not yet paid as of that date.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>17</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>Notes to
Financial Statements</font></p>

<p style='margin-top:6pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'>December
31, 2006 and 2005</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>(11)</b></font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'><b>Subsequent Events</b></font></p></td></tr>
  <tr>
    <td width="30" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="690" valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:justify'><font face='times new roman' style='font-size:11pt'>Effective
      January 1, 2007, a participant who was first employed by the Company before 2007 shall have the nonforfeitable percentage of
      his Matching Account as follows:</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="414" style='margin-left:168px'>
  <tr>
    <td width="330" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Years of
      service</b></font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>Percentage</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'><b>vested</b></font></p></td></tr>
  <tr>
    <td width="330" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>Less than 1
      year</font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="60" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>&#151;</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:6pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>%</font></p></td></tr>
  <tr>
    <td width="330" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>1</font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="60" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>20</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="330" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>2</font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="60" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>40</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="330" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:11pt'>3</font></p></td>
    <td width="14" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td>
    <td width="60" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>100</font></p></td>
    <td width="10" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='margin-top:24pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Also,
a Participant who is first employed after 2006 shall be vested in his Matching Account upon the completion of three years of
service.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>In
addition, effective January 1, 2007, bonus compensation for all participants, other than named executive officers, up to $100,000,
is included in calculating elective deferrals (but only up to a 6%) and employer matching contribution.</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Beginning
on March 31, 2007, the Oxy Stock Fund reopened to employee contributions (up to 55% of future employee contributions, including
before-tax, after-tax, and rollover), and balance transfer amounts from other investments funds in the Plan (up to 55% of the amount
transferred).</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;margin-left:30;text-align:justify;width:690'><font face='times new roman' style='font-size:11pt'>Beginning
June 1, 2007, transfers into the Oxy Stock Fund are limited to 55% of a Participant&#146;s total PSA account balance.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:11pt'>18</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:11pt'>&nbsp;</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:right;width:720'><font face='times new roman' style='font-size:7pt'><b>Schedule
1</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>Schedule
H, Line 4i &#150; Schedule of Assets (Held at End of Year)</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>December
31, 2006</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>(Dollar
amounts in thousands)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(a)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(b)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(c)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(d)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(e)</b></font></p></td></tr>
  <tr>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Related</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>party</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Identity
      of issuer, borrower,</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>lessor, or
      similar party</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Description
      of investment,</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>including
      maturity date, rate of</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>interest,
      collateral, par, maturity</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>value, or
      duration</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Cost*</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Current</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>value</b></font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'>*****</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Money Market
      Account:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>**&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>BNY
      Institutional Cash Reserves Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Cash collateral
      under securities lending</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>agreement
      with obligation to return</font></p></td>
    <td width="15" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>$&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>14,982</font></p></td>
    <td width="15" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>$&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>15,512</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'>*****</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common
      Collective Trust:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>BNY Short-Term
      Investment Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>A collective
      trust investing in short-term</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>securities,
      19,230,317 units</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>19,230</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common
      stock:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Altria Group
      Inc. (fka Phillip Morris)</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      16,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,390</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>American
      Electric Pwr Co. Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>387</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>American
      International Group Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      25,800 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,849</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Amerisourcebergen
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      11,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>495</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>AT&amp;T
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      21,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>754</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Bank America
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      27,674 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,478</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Black &amp;
      Decker Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>416</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Boeing
      Company</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>835</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Borg Warner
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      6,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>354</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>BP PLC Spons
      ADR</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      15,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,040</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>CBS Corp.
      New</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      38,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,188</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>ChevronTexaco
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      20,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,537</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Chubb
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      10,700 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>566</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Cisco Systems
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      12,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>342</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Citigroup
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      42,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>2,339</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Clorox
      Company</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      6,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>404</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Comcast Corp.
      New</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      24,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,018</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Conocophillips</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      17,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,230</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Cooper
      Industries Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      1,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>99</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Countrywide
      Financial Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      6,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>255</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Crown Castle
      Intl Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      6,600 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>213</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>CSX
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      8,600 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>296</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Daimler
      Chrysler AG</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      7,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>442</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Eaton
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      3,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>233</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Electronic Data
      Sys Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      13,800 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>380</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Entergy Corp.
      New</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      3,600 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>332</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Exxon Mobil
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      21,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,625</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Federal Home
      Loan Mtg. Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      16,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,107</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Federal Natl
      Mtg. Assn.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      15,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>915</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Flextronics
      Intl Ltd.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      18,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>211</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>General
      Electric Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      50,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,894</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Genworth
      Financial Inc</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      17,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>599</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Goldman Sachs
      Group Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      2,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>459</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Idearc
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      985 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>28</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Ingersoll Rand
      Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      8,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>325</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>International
      Business Machines Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,600 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>933</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Interpublic
      Group of Companies Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      21,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>261</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>JPMorgan Chase
      &amp; Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      37,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,806</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Kellogg
      Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>295</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Kroger
      Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      22,700 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>524</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MBIA
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      7,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>526</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>McDonald&#146;s
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      21,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>944</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Merck &amp; Co.
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      10,700 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>467</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Merrill Lynch
      &amp; Co. Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      15,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,480</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Metlife
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      11,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>661</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Microsoft
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      34,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,018</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Mittal Stl
      Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      10,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>439</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>National City
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      10,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>373</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Nokia
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      13,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>274</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Northrop
      Grumman Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,700 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>386</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'>*****</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>****&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Occidental
      Petroleum Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      14,656,502 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>179,859</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>715,677</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>19</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>(Continued)</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:right;width:720'><font face='times new roman' style='font-size:7pt'><b>Schedule
1-2</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>Schedule
H, Line 4i &#150; Schedule of Assets (Held at End of Year)</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>December
31, 2006</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>(Dollar
amounts in thousands)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(a)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(b)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(c)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(d)</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>(e)</b></font></p></td></tr>
  <tr>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Related</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>party</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Identity
      of issuer, borrower,</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>lessor, or
      similar party</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Description
      of investment,</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>including
      maturity date, rate of</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>interest,
      collateral, par, maturity</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>value, or
      duration</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Cost*</b></font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Current</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>value</b></font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock
      (continued):</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Office Depot
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>$&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>$&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>363</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Owens Ill
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>175</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Pepsico
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>369</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Pfizer
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      69,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,787</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Procter &amp;
      Gamble Co.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>591</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Renaissancere
      Hldgs Ltd.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      3,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>210</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Safeway Inc.
      Com New</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      11,600 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>401</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Sanmina-Sci
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      30,100 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>104</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Sara Lee
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      35,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>601</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Smurfit-Stone
      Container Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      14,800 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>156</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Solectron
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      46,425 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>149</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Sprint Nextel
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      52,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>988</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>SPX
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      3,400 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>208</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>St. Paul
      Travelers Companies Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      9,300 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>499</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Suntrust Banks
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>439</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Target
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      5,500 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>314</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Tech Data
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      4,900 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>185</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Time Warner
      Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      46,200 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,006</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Verizon
      Communications, Inc.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      19,700 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>734</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Wachovia
      Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      7,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>399</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Wisconsin
      Energy Corp.</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      6,000 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>285</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***&nbsp;</font></p></td>
    <td width="195" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>XL Capital Ltd.
      Cl A</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock,
      4,800 shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>346</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:7pt'>Total
      common stock</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>763,408</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'>*****</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Participant
      loans:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>1,758
      participant loans, various</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>maturities,
      interest rates range</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>from
      2.0% &#150; 12.0%, balances</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>collateralized
      by participant account</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>22,359</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Mutual
      funds:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Causeway
      Cap Mgmt. Intl</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>Value
      Inst&#146;l</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>3,299,363
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>65,327</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Cmg Hi
      Yield Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>613,166
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>4,826</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Dodge &amp;
      Cox Balanced Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>1,048,749
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>91,325</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Fidelity
      Magellan Fund Inc Open</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>End
      Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>540,151
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>48,354</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Hbr Fund
      Cap Appreciation Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>599,928
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>20,008</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Pimco Funds
      Pac Invt Mgmt Ser</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>1,757,186
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>18,240</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Vanguard
      Emp Benefit Index Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>1,366,925
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>175,431</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Vanguard
      Mid-Cap Index Inst&#146;l</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>2,812,891
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>55,780</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Vanguard
      Reit Index Inst&#146;l Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>3,101,215
      shares</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>52,379</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:7pt'>Total
      mutual funds</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>531,670</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Plan interest
      in Master Trust Accounts:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Advent Unit
      Master Trust</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>394,217 units</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>4,810</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>MFO Alliance
      Bernstein Small Cap Units</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>4,927,899 units</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>70,638</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:7pt'>Total
      Plan interest in Master Trust Accounts</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>75,448</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Plan interest
      In Guaranteed Investment</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Contracts
      Master Trust Account:</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>Invesco
      Stable Value Fund</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>19,054,847
      units</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>286,847</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:7pt'>Plan
      interest In Guaranteed Investment</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:60;text-align:left'><font face='times new roman' style='font-size:7pt'>Contracts
      Master Trust Account</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>286,847</font></p></td></tr>
  <tr>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="195" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="240" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:3pt;margin-bottom:0pt;margin-left:45;text-align:left'><font face='times new roman' style='font-size:7pt'>Total</font></p></td>
    <td width="15" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="70" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="15" valign=bottom style='border-bottom:white 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>$&nbsp;</font></p></td>
    <td width="70" valign=bottom style='border-bottom:black 2.25pt double'>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>1,714,474</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="70" valign=top>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>*</font></p></td>
    <td width="15" valign=top>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="635" valign=top>
      <p style='margin-top:7pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Cost
      information omitted for participant-directed investment.</font></p></td></tr>
  <tr>
    <td width="70" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>**</font></p></td>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="635" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>This is cash
      received for securities loaned subject to an offsetting payable of equal amount, which is nonparticipant
      directed.</font></p></td></tr>
  <tr>
    <td width="70" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>***</font></p></td>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="635" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Common stock
      lent under securities lending agreement.</font></p></td></tr>
  <tr>
    <td width="70" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>****</font></p></td>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="635" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Includes
      nonparticipant-directed investments.</font></p></td></tr>
  <tr>
    <td width="70" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>*****</font></p></td>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="635" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Represents a
      party in interest, as defined by ERISA.</font></p></td></tr></table>

<p style='margin-top:12pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:7pt'>See
accompanying report of independent registered public accounting firm.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>20</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:right;width:720'><font face='times new roman' style='font-size:7pt'><b>Schedule
2</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>OCCIDENTAL
PETROLEUM CORPORATION</b></font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'><b>SAVINGS
PLAN</b></font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>Schedule
H, Line 4j &#150; Schedule of Reportable Transactions</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>Year
ended December 31, 2006</font></p>

<p style='margin-top:3pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:7pt'>(Dollar
amounts in thousands)</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td colspan="2" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Identity
      of party involved</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Description
      of asset (includes</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>interest rate and maturity</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>in case of loan)</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Purchase</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>price</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Selling</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>price</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Lease
      rental</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Expense</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>incurred
      with</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>transaction</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Cost of
      asset</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Current
      value</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>of asset
      on</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>transaction</b></font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>date</b></font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'><b>Net
      gain</b></font></p></td></tr>
  <tr>
    <td colspan="2" valign=bottom>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Series of
      transactions:</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="130" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Invesco</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Invesco Stable
      Value Fund:</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="130" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>139
      Acquisitions</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='times new roman' style='font-size:7pt'>$</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>99,563</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>99,563</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>99,563</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="130" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>124
      Dispositions</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>82,543</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>74,259</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>82,543</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>8,284</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:3pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>*</font></p></td>
    <td width="130" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>The Bank of New
      York</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>BNY Short-Term
      Investment Fund:</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="130" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>669
      Acquisitions</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>178,439</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>178,439</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>178,439</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td></tr>
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="130" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="145" valign=bottom>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='times new roman' style='font-size:7pt'>441
      Dispositions</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>174,448</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>174,448</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>174,448</font></p></td>
    <td width="10" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td>
    <td width="50" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;margin-right:5;text-align:right'><font face='times new roman' style='font-size:7pt'>&#151;</font></p></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="15" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>*</font></p></td>
    <td width="705" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>Represents a
      party in interest, as defined by ERISA.</font></p></td></tr></table>

<p style='margin-top:12pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>See accompanying
report of independent registered public accounting firm.</font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="360" valign=top>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:right'><font face='times new roman' style='font-size:7pt'>21</font></p></td>
    <td width="360" valign=top>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:left'><font face='times new roman' style='font-size:7pt'>&nbsp;</font></p></td></tr></table>

<p style='page-break-before:always'></p>

<page>

<p style='margin-top:24pt;margin-bottom:0pt;text-align:center;width:720'><font face='arial' style='font-size:11pt'><b>Exhibit
Index</b></font></p>

<table cellpadding="0" cellspacing="0" border="0" width="720">
  <tr>
    <td width="72" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:center'><font face='arial' style='font-size:11pt'>Exhibit</font></p>
      <p style='margin-top:0pt;margin-bottom:0pt;text-align:center'><font face='arial' style='font-size:11pt'>No.</font></p></td>
    <td width="648" valign=bottom style='border-bottom:black 1.0pt solid'>
      <p style='margin-top:24pt;margin-bottom:0pt;text-align:center'><font face='arial' style='font-size:11pt'>Exhibit</font></p></td></tr>
  <tr>
    <td width="72" valign=bottom>
      <p style='margin-top:12pt;margin-bottom:0pt;margin-left:15;text-align:left'><font face='arial' style='font-size:11pt'>23.1</font></p></td>
    <td width=90% valign=top>
      <p style='margin-top:12pt;margin-bottom:0pt;margin-left:50;text-align:left'><font face='arial' style='font-size:11pt'>Consent
      of Independent Registered Public Accounting Firm</font></p></td></tr></table>


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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>2
<FILENAME>ex231-2006.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<html>

  <head>
    <title>Exhibit 23.1</title>
  </head>

<body bgcolor="#ffffff">

<p style='margin-top:12pt;margin-bottom:0pt;text-align:right;width:720'><font face='times new roman' style='font-size:11pt'><b>Exhibit
23.1</b></font></p>

<p style='margin-top:144pt;margin-bottom:0pt;text-align:center;width:720'><font face='times new roman' style='font-size:11pt'><b>Consent
of Independent Registered Public Accounting Firm</b></font></p>

<p style='margin-top:30pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>The Board
of Directors</font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>Occidental
Petroleum Corporation:</font></p>

<p style='margin-top:18pt;margin-bottom:0pt;text-align:justify;width:720'><font face='times new roman' style='font-size:11pt'>We
consent to the incorporation by reference in the registration statement (No. 333-83124) on Form S-8 of Occidental Petroleum
Corporation and the Occidental Petroleum Corporation Savings Plan of our report dated June 27, 2007, with respect to the statements
of net assets available for benefits as of December 31, 2006 and 2005, the related statements of changes in net assets available for
benefits for the years then ended, and supplemental schedules, which report appears in the December 31, 2006 annual report on Form
11-K of the Occidental Petroleum Corporation Savings Plan.</font></p>

<p style='margin-top:60pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>/s/ KPMG
LLP</font></p>

<p style='margin-top:12pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>Los Angeles,
California</font></p>

<p style='margin-top:0pt;margin-bottom:0pt;text-align:left;width:720'><font face='times new roman' style='font-size:11pt'>June 27,
2007</font></p>

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</DOCUMENT>
</SUBMISSION>
