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ConocoPhillips Announces Quarterly Dividend

HOUSTON, July 10, 2012 – ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 66 cents per share, payable Sept. 4, 2012, to stockholders of record at the close of business on July 23, 2012.

About ConocoPhillips

Headquartered in Houston, Texas, ConocoPhillips has operations in 29 countries and more than 16,000 employees as of May 1, 2012. Production averaged 1.62 million BOE per day in 2011 and proved reserves were 8.4 billion BOE as of Dec. 31, 2011. For more information, go to www.conocophillips.com.

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