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Exxon Mobil Corporation announced that total additions to proved reserves in 2008 reached 1,500 million barrels of oil equivalent, which means the replacement of more than 103 percent of production. Excluding the impact of the sale of property, additions to reserves meant the replacement of more than 110 percent of production. These additions reflect the pricing policy in the long term that the corporation applies for investment decisions, rather than a pricing policy of a
single day at year-end.

"ExxonMobil continues to additions to reserves and has spare capacity, on average, 110 percent of production over the past 10 years," said Rex W. Tillerson, chairman and CEO. "This strong performance reflects our strategic approach to the capture of resources, a disciplined approach to investment and achieve excellence in project execution. "

"Our long term vision includes the development of resources and investment in the entire cycle of raw material prices. By adding new reserves, we ensure that ExxonMobil will continue to develop new energy supplies that will be key to meet growing global demand in the future .

The annual report of proved reserves is the result of lengthy and rigorous process of the corporation, which ensures consistency and accountability of the administration in regard to all records of reservations.