|  |  Fourth quarter dividend declaration
| Calgary, AB, November 20, 2007
| Imperial Oil Limited today declared a quarterly dividend of 9 cents per share on the outstanding common shares of the company, payable on January 1, 2008, to shareholders of record at the close of business on November 30, 2007.
This fourth quarter dividend compares with the third quarter dividend of 9 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 thirteen consecutive years.
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