Press Release

New York, New York . . . . . July 8, 2003 . . . . .Amerada Hess Corporation (NYSE: AHC) announced today that it will hold a conference call on Tuesday, July 29 at 1:00 p.m. Eastern Daylight Time to discuss its second quarter 2003 earnings release. To phone into the conference call, parties in the United States should dial 1-800-289-0496 any time after 12:45 p.m. Eastern Daylight Time. Outside the United States, parties should dial 1-913-981-5519. This conference call will also be available by webcast at www.hess.com (audio only). Forward looking and material information may be discussed during the conference call.
 
A replay of the conference call will be available from July 29, 2003 through August 6, 2003 by dialing 1-888-203-1112 and entering the pass code 426643. Outside the United States, parties should dial 1-719-457-0820 and enter the pass code 426643.
 
About Amerada Hess Corporation
Amerada Hess, headquartered in New York, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products.