Elements Newsletter

Chevron Phillips Chemical PROFIT SHARING PLAN

Chevron Phillips Chemical is pleased to announce that it has awarded its employees with a 5% Profit Sharing payout and a 7% Variable Annuity Benefit enhancement for 2005. We believe that these benefits are an important part of your overall compensation package and have provided Q&As to help you better understand these benefits. These profit sharing enhancements are applicable to all Chevron Phillips Chemical employees (other than Chevron Phillips Puerto Rico Core employees); salaried Performance Pipe employees; and Performance Pipe employees paid on an hourly basis at Reno and Knoxville hired prior to January 1, 2004.

The Profit Sharing payout was posted to your 401(k) account on March 15 and the 1.5% Career Average Benefit, announced back in December, was posted to your retirement account on March 28.

You can also receive an estimate of your Chevron Phillips Chemical retirement benefit by logging onto the Fidelity NetBenefits website at http://netbenefits.401k.com/. You will be able to log in to your account and receive estimates based on different retirement scenarios you input (such as retirement date, salary projection, etc.), review frequently asked questions and request forms.

You can also view your 401(k) balances, process transactions — such as loans and withdrawals -and make 401(k) investment election and deferral changes. You can contact Fidelity directly by calling the Chevron Phillips Chemical Pension and Savings Service Center at 1-866-771-5225.

Congratulations on another successful year, keep up the good work!

A New Focus for 2006: SMARTER, HEALTHIER, BETTER

It's a delicate balance — providing access to great health care while managing our overall health care spending. That said, we're pleased to announce our new focus for 2006: "Smarter, Healthier, Better."

It is our goal to provide the information you need to become healthier in 2006. And we'll even try to save you a little money along the way! The new focus reflects our employee's demand for greater choice and power over health care decisions and the business need to control costs. It's all about consumer-driven health care and health care consumerism.

To help you learn more, Chevron Phillips Chemical will offer a range of information, tools and resources on health care consumerism, including some easy and fun tips on staying healthy and fit. You'll begin seeing these communications on a regular basis throughout the upcoming year. We hope you will take advantage of this great information as we continue our ongoing efforts to invest in the health and well-being of Chevron Phillips Chemical's employees.

Your Annual Physical In THREE EASY STEPS!

1. Get ready: Call for an appointment.

Most New Years resolutions, like losing weight or getting out of debt, take time. But getting ready for your yearly checkup is doable and crucial in preventing or detecting illness. Think of this visit as a yearly ritual. Schedule it during the month of your birthday or wedding anniversary.

• When you set up your appointment, make sure your physician accepts your health insurance plan. You should feel comfortable and confident about your doctor.
• Emphasize that you want an annual physical. Ask about anything you should do ahead of the visit, such as fasting (nothing to eat or drink) for two to 12 hours before your appointment (for lab work).

2. Get set: Do your homework.

Organize a system to track your health history. Keep records in a notebook or on a computer of:

• Your previous health history
• Your previous surgical history
• Your family health history
• Your allergies
• A list of current medications

TALKING TO YOUR PHYSICIAN

Time with your physician is important, and limited, so be prepared. Bring a list of questions so you can cover all of your health concerns. Expect your doctor to spend 15 to 20 minutes with you.

3. Go!

Arrive at least 15 minutes early so you can fill out all of the necessary paperwork (insurance information, vital information, and past health history). Once you've finished, sit back and relax.

Your physician should do a head-to-toe physical exam including:

• Vital signs
• Neurological exam
• Cardiovascular exam
• Skin exam
• Risk factor identification
• Mental health review

Express Scripts MAKES IT EASIER TO MANAGE YOUR HEALTH CARE

We are pleased to announce that Express Scripts has made several improvements and added new features that will make their member website more convenient and easier to use.

Price Check Enhancements

Their re-designed Price Check feature offers improved messaging and enhanced drug comparisons. Whenever a generic equivalent or lower-cost drug is available, that option will be highlighted for you.

Online Bill Pay - New Feature!

Participants who use Express Scripts' Home Delivery will be able to inquire about their balances, pay those balances online, view invoices and print statements. This new feature will give patients up-to-the-minute information that they can access at any time.

Improved Navigation

To make their website easier to use, they've renamed their navigational tabs based on member feedback and usability testing. These changes will make it even easier for you to find the information you need.

Check it out at https://member.express-scripts.com/.

Taking Charge OF YOUR HEALTH CARE

Consumer driven health care is about taking charge of your health care and:

• Being an active health care consumer
• Pursuing a healthy lifestyle
• Practicing preventive care
• Managing health care spending

Taking Charge: Be an Active Health Care Consumer

• Make appropriate health care plan and provider selections
• Communicate with your doctor and share in decisions
• Access health-related information, tools and resources internally (through Chevron Phillips Chemical and health care providers) and externally (print and online, TV and radio)

Taking Charge: Pursue a Healthy Lifestyle

• Eat right
• Maintain a healthy weight
• Exercise
• Manage stress
• Don't smoke

Taking Charge: Practice Preventive Care

• Routine physical
• Health care screening
• Well woman
• PSA blood test
• Blood pressure
• Cholesterol
• Bone density
• Immunizations

Taking Charge: Manage Health Care Spending

• Understand what services are covered; read your plan's exclusions and limitations
• Note cost of services you may use regularly (office visits, lab tests, prescription drugs) and those you might need in an emergency (hospitalization, surgery)
• Know where to go for urgent and emergency care... and when such care is needed

Upping Your HEALTH CARE I.Q.

When it comes to health care, the more you know, the healthier you'll be and the more you're apt to save on medical costs, so check out the following health care quiz to boost your health care I.Q.!

Which of the following helps prevent heart disease?

1. Controlling blood pressure
2. Exercising regularly
3. Eating lots of fruits and vegetables
4. Quitting smoking
5. All of the above

Controlling blood pressure, quitting smoking, exercising regularly and eating lots of fruits and vegetables have all been shown to help prevent heart disease.

To help prevent cancer, how many servings of fruits and vegetables should you have daily?

1. Two
2. Five
3. Seven
4. Nine

According to the National Cancer Institute (NCI), eating at least five servings of fruits and vegetables a day, but ideally eight or nine, can help prevent cancer.

Which of the following is not a good way to fight germs?

1. Using plain soap and water when washing and bathing
2. Washing your hands several times a day
3. Using plenty of antibacterial soap
4. Using bleach and water for household cleaning

While cleanliness is next to godliness, going overboard on antibacterial cleaning products can do more harm than good. Using an excess of antibacterial products can actually cause bacteria in your home to become resistant to antibiotics. So, as with many things in life, use in moderation!

Which of the following is the "bad" form of cholesterol?

1. LDL
2. HDL
3. NFL

While watching Sunday NFL games may up your blood pressure if your favorite team is losing, it's not going to increase your cholesterol count (unless you're overdoing the chips and dip)! The real culprit on this list is low-density lipoprotein, or LDL, which can clog your arteries and increase your risk of heart attack. High-density lipoprotein (HDL), is the "good form" of cholesterol, and can actually help reduce your risk of heart attack and stroke. Monounsaturated fats (canola, olive and peanut oils, and avocados) and polyunsaturated fats (safflower, sesame, and sunflower seeds, as well as many other seeds and nuts) can raise your HDL levels.

Which of the following is America's number one killer?

1. Cancer
2. Heart disease
3. Leukemia
4. Stroke

While some people believe they are most likely to die of cancer than of a heart attack, the fact is that heart disease takes more lives than cancer. In fact, recent studies show that heart disease kills more women annually than all cancers combined. Be aware that not all heart attacks are sudden and intense. Some may come on gradually with fairly mild symptoms. Here are some warning signs to keep in mind:

• Chest discomfort. Most heart attacks involve discomfort in the center of the chest that lasts more than a few minutes, or that goes away and comes back. It can feel like uncomfortable pressure, squeezing, fullness or pain.
• Discomfort in other areas of the upper body. Symptoms can include pain or discomfort in one or both arms, the back, neck, jaw or stomach.
• Shortness of breath. May occur with or without chest discomfort.
• Other signs. These may include breaking out in a cold sweat, nausea or lightheadedness.