About ConocoPhillips

Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 30 countries, $58 billion in annual revenue, $117 billion of assets, and approximately 16,900 employees as of Dec. 31, 2012. Production from continuing operations averaged 1,527 MBOED in 2012, and preliminary proved reserves were 8.6 billion BOE as of Dec. 31, 2012. For more information, go to www.conocophillips.com.

  Contacts

Aftab Ahmed (media) 281-293-4138 aftab.ahmed@conocophillips.com

Vladimir R. dela Cruz (investors) 212-207-1996 v.r.delacruz@conocophillips.com

CAUTIONARY STATEMENT FOR THE PURPOSES OF THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can identify forward-looking statements by terminology such as anticipate, estimate, believe, continue, could, intend, may, plan, potential, predict, should, will, expect, objective, projection, forecast, goal, guidance, outlook, effort, target and other similar words. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, there can be no assurance that such expectation or belief will result or be achieved. The actual results of operations can and will be affected by a variety of risks and other matters including, but not limited to, changes in commodity prices; changes in expected levels of oil and gas reserves or production; operating hazards, drilling risks, unsuccessful exploratory activities; difficulties in developing new products and manufacturing processes; unexpected cost increases; international monetary conditions; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; and general domestic and international economic and political conditions; as well as changes in tax, environmental and other laws applicable to our business. Other factors that could cause actual results to differ materially from those described in the forward-looking statements include other economic, business, competitive and/or regulatory factors affecting our business generally as set forth in our filings with the Securities and Exchange Commission. Unless legally required, ConocoPhillips undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

2 face=Arial>2 face=Arial>EN> for photo.   Andrew Lundquist Named as Senior Vice President, Government Affairs, for ConocoPhillips   HOUSTON – ConocoPhillips (NYSE: COP) today announced Andrew Lundquist has been named to its Executive Leadership Team as senior vice president, Government Affairs. In this capacity, Lundquist will have responsibility for ConocoPhillips’ state, federal and international policy and government affairs activities. Lundquist succeeds Red Cavaney, who retired at the end of 2012. “Andrew knows our industry, he knows our company and is a proven leader in managing government affairs,” said Ryan Lance, chairman and chief executive officer. “His reputation and leadership will reinforce our company’s commitment to strong relations with local and national governments around the world.” Lundquist has more than 25 years of experience in the government affairs field. He was previously managing partner of BlueWater Strategies LLC, a Washington, D.C.-based consulting firm that he founded in 2002. In this role, he provided business and government relations advice and managed major projects for U.S. and international corporations. Lundquist previously served as a director for Pioneer Natural Resources Company from 2004 to 2013, for Coeur d’Alene Mines Corporation from 2005 to 2013, and for Evergreen Resources, Inc. from 2002 to 2004. Prior to joining the private sector, Lundquist served at the White House in several leadership roles. During 2001, he was the director of the White House National Energy Policy Development Group, which directed the cabinet-level task force that produced the president's National Energy Policy, and advisor to the president and vice president on energy issues.   Lundquist previously spent 14 years on Capitol Hill, the last three of which were as majority staff director of the U.S. Senate Committee on Energy and Natural Resources. He has also served as chief of staff for Senator Frank Murkowski (AK), counsel for the Senate Energy Committee, and senior legislative assistant for Senator Ted Stevens (AK).   Lundquist holds a bachelor’s degree in finance from the University of Alaska and a Juris Doctorate from Catholic University Columbus School of Law.2 face=Arial>2 face=Arial>EN> ltr align=left>Click 2 face=Arial>2 face=Arial>EN>here
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