Fourth quarter dividend declaration

CALGARY, October 27, 2011 -- Imperial Oil Limited today declared a quarterly dividend of 11 cents per share on the outstanding common shares of the company, payable on January 1, 2012, to shareholders of record at the close of business on December 2, 2011.

This fourth quarter 2011 dividend compares with the third quarter 2011 dividend of 11 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 annual dividend payment for seventeen consecutive years.