|  |  Third quarter dividend declaration
| Toronto, ON, August 17, 2004
| Imperial Oil Limited today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on October 1, 2004, to shareholders of record at the close of business on September 1, 2004.
This third quarter dividend compares with the second quarter dividend of 22 cents per share.
Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The company has paid dividends every year for over a century and has increased its regular dividend for nine consecutive years.
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