Atlantic Richfield - Re Directorate

RNS No 6988n
ATLANTIC RICHFIELD COMPANY
30th September 1998


ARCO President William E. Wade Retires

LOS ANGELES, Sept. 30 /PRNewswire/ -- ARCO (NYSE: ARC) Chairman and CEO
Mike Bowlin announced today that ARCO President William E. Wade will retire
from the company.

Bowlin commended Wade's accomplishments at ARCO and credited him for his
leadership in helping facilitate the company's growth.  Bowlin said that Wade
was instrumental in leading multiple negotiations with ARCO's partners in
Prudhoe Bay that materially increased the value of the company's Alaskan
assets.  In addition, Bowlin said that Wade played key roles in championing
exploration and production initiatives that "set the tone" for the company's
commitment to upstream growth.  He also credited Wade for opening the door to
negotiations that resulted in ARCO's recent acquisition of Union Texas
Petroleum, a move that strengthened ARCO's global position.

"On a personal level," said Bowlin, "I shall miss Bill's wise counsel and
strong leadership." Wade joined ARCO in 1968 as a planning coordinator in its
North American producing division in Dallas.  He went on to hold a number of
planning and financial positions before moving to the newly formed ARCO
Exploration Company, where he served as vice president of finance and then
vice president of land.

Wade later became an ARCO vice president and led Corporate Planning in Los
Angeles.  He moved to Alaska in 1987 as president of ARCO Alaska.  In 1990 he
was made president of ARCO Oil and Gas Company.  He later returned to Los
Angles as an executive vice president and member of the board of directors.
In January 1998 he was named president of ARCO.

NOTE TO EDITORS: For a menu of ARCO new releases or to retrieve a
specific release, visit our site at http://www.arco.com on the World Wide
Web.

CONTACT: Lee Tashijian of ARCO Corporate Communications, 213-486-2364, or
Tom Goff of ARCO Media Relations, 213-486-3384
Web site: http://www.arco.com/


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