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Imperial Oil Limited appoints president

Toronto, ON, December 13, 2001
The Board of Directors of Imperial Oil Limited today announced the appointment of T.J. (Tim) Hearn to the position of president effective Jan. 1, 2002. He was also elected a director of the company. Mr. Hearn, an employee of Imperial Oil Limited, is currently on loan assignment as vice-president, human resources with Exxon Mobil Corporation in Irving, Texas.

Born in Regina, Saskatchewan, Mr. Hearn is a graduate of the University of Manitoba. He joined Imperial Oil as a marketing representative in 1967 and held progressively more responsible management positions in marketing, logistics, and systems and computer services. He was named vice-president, marketing retail for Imperial in 1986 and vice-president, marketing retail and commercial business in 1990.

In 1992, Mr. Hearn accepted a loan assignment as worldwide vice-president of intermediates for Exxon Chemical Company. From 1994 to 1997, he served as president of Exxon Chemical Asia Pacific based in Singapore.

In 1997, Mr. Hearn served as executive assistant to the chairman of Exxon until his appointment as vice-president of human resources for Exxon Corporation in 1998. Following the merger of Exxon Corporation and Mobil Oil in late 1999, he was appointed to his current position as vice-president of human resources for Exxon Mobil Corporation.

R.B. (Bob) Peterson, currently chairman, chief executive officer and president of Imperial Oil Limited, continues as chairman and chief executive officer of Imperial Oil Limited.

Imperial Oil Limited is Canada's largest integrated oil company, a major producer of natural gas and the country's largest marketer of petroleum products with a retail network of more than 2,000 service stations operated under the company's Esso brand.



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