Exhibit 1Exhibit 1 Venezuelan Macroeconomic Data: 1970-1996Real GDP GrowthPer Capita GDP GrowthGovernment Surplus / GDPaTotal Debt Stock / GDPOil Exports / Total ExportsOil Exports / GDPUnemployment RateInflation RateInterest RatesbExchange Ratec19707.30%3.70%-0.90%6.90%89.00%17.20%7.80%2.50%...4.4519712.4-10.512.792.219...3.2...4.3519722.5-1-0.215.291.417.3...2.8...4.3519736.12.51.61488.621.6...4.1...4.28519745.21.72.48.695.233.47.68.3...4.28519755.11.50.66.894.625.68.310.3...4.28519768.34.60.513.394.223.66.87.6...4.29319776.22.5-4.425.195.421.35.57.8...4.29319782.2-1.3-3.635.795.118.85.17.1...4.29319791.3-22.142.295.223.95.812.4...4.2931980-2.5-5.504294.926.26.621.5...4.2931981-0.2-32.24194.624.36.816.2...4.29319820.8-1.8-2.140.294.719.57.89.6...4.2931983-5.2-7.5-0.648.191.317.411.26.3...4.31984-0.5-2.92.863.887.72114.312.213.15%7.519851.1-1.425982.617.314.311.412.557.519866.23.5-0.456.469.210.912.111.512.0714.519874.51.7-1.773.881.814.99.928.113.4914.519886.23.4-6.157.576.413.57.929.314.8614.51989-8.5-10.8-1.175.674.923.49.784.717.3243.07919907.54.9-2.168.38029.21140.620.0650.38199110.17.5-1.463.881.123.110.134.227.1461.55419927.44.9-3.862.47918.78.131.431.6679.451993-0.6-2.8-2.562.274.7186.838.141.03105.641994-2.5-4.6-6.862.672.720.28.960.854.7317019953.71.5-4.64674.417.910.959.953.382901996-0.4-2.50.249.980.426.712.399.949.09476.5Sources: Inter-American Development Bank; and International Financial Statistics, International Monetary Fund.a Negative values signify Government Deficit/GDP.b The interest rates provided are yields to maturity on long-term Venezuelan government bonds.c The exchange rates provided are the official bolivar/US dollar exchange rates determined by the Venezuelan government. Prior to 1989 and between 1994 and early 1996, the governmentfixed the exchange rate. Between 1989 and 1994 and after early 1996, the government allowed the bolivar to float freely against the US dollar.

Exhibit 2Exhibit 2 DuPont and PDVSA Balance Sheets (US dollars in millions): 1995-1996DuPontPDVSA1996199519961995AssetsCash$1,319$1,455$2,745$464Accounts and notes receivable5,1934,9123,4293,226Inventory3,7063,7371,7401,551Prepaid expenses2972761,124729Deferred income taxes588575508429Total current assets$11,103$10,955$9,546$6,399Property, plant, and equipment$21,213$21,341$32,957$30,774Investment in affiliates2,2781,8461,8631,899Other assets3,3933,1701,036853Total assets$37,987$37,312$45,402$39,925Liabilities and equityAccounts payable$2,757$2,636$2,033$1,672Current portion of long-term debt3005511,1371,074Short-term debt and lease obligations3,6105,606------Income taxes5264702,616351Other accrued liabilities3,7943,4681,156952Total current liabilities$10,987$12,731$6,942$4,049Long-term debt$4,983$5,572$4,668$4,933Capital lease obligations104106455531Deferred income taxes2,1331,78319313Other liabilities8,4518,4541,1661,168Total liabilities$26,658$28,646$13,250$10,994Minority interests$620$230$354$271Total stockholders' equity10,7098,43631,79828,660Total liabilities and equity$37,987$37,312$45,402$39,925Sources: DuPont 1996 Annual Report; and PDVSA 1996 Form 20-F.

Exhibit 3, 4Exhibit 3 DuPont and PDVSA Income Statements (US dollars in millions): 1995-1996DuPontPDVSA1996199519961995Sales$43,810$42,163$32,786$25,050Other income$1,340$1,059$1,069$991Total income$45,150$43,222$33,855$26,041Cost of goods sold$25,144$23,363$15,720$14,061Selling, general, and administrative expenses$2,856$2,995$967$1,163Depreciation, depletion, and amortization$2,621$2,722$2,749$2,400Exploration expenses$1,436$1,398$142$118Interest and debt expense$713$758$343$421Taxes other than on income$6,399$6,596$3,203$2,513Other expense (income), net------$79$(354)Equity earnings of affiliates------$(89)$(132)Minority interests------$19$23Total costs and expenses$39,169$37,832$23,133$20,213Earnings before income taxes$5,981$5,390$10,722$5,828Provision for income taxes$(2,345)$(2,097)$(6,227)$(2,455)Net income$3,636$3,293$4,495$3,373Earnings per share of common stock$6.47$5.61Average number of common shares (millions)$560.7$585.1Year-end stock price$34.94$47.06Sources: DuPont 1996 Annual Report; and PDVSA 1996 Form 20-F.Exhibit 4 Conoco and Maraven Financial Information (U.S. Dollars in millions): 1995-1996ConocoMaraven1996199519961995Sales$20,579$17,958$5,503$4,073Operating profit$1,818$1,257$3,574$1,924Provision for income taxes$(933)$(660)nanaEquity in earnings of affiliates$(25)$22------After-tax operating income$860$619$1,070$(16)Identifiable assets$13,018$12,634$10,814$10,093Depreciation, depletion, and amortization$1,128$1,111$940$770Capital expenditures$1,616$1,714$612$1,871Sources: DuPont 1996 Annual Report; and PDVSA

Exhibit 7Exhibit 7 Sources and Uses of Funds (US dollars in thousands): 1996-200019961997199819992000TotalUsesCapital ExpendituresCrude Oil Production$11,995$191,849$151,141$77,092$16,702$448,780Crude Oil Pipeline$655$170,512$45,1210.00.0$216,288Upgrader & Loading Facilitya$14,345$243,305$510,987$230,306$67,912$1,066,854Upstream Contingency0.00.00.00.0$37,925$37,925Total Capex$26,994$605,666$707,249$307,399$122,539$1,769,847Other CostsDeferred Development Costs$52,040$23,328$71,7240.00.0$147,093and Operating ExpendituresInitial Cash Balance0.00.0$10,0000.00.0$10,000Financing Costs0.0$61,134$86,816$94,955$111,556$354,461Legal & Advisory Fees0.0$15,0000.00.00.0$15,000Debt Service Reserve0.00.00.00.0$80,865$80,865Excess Cash Balance0.0$47,2130.00.0$195$47,408Total Uses$79,035$752,341$875,789$402,353$315,155$2,424,673SourcesTotal Project Debt0.0$1,000,000$24,299$242,981$182,720$1,450,000Shareholder FundsInitial Paid-in Capital$79,0350.00.00.00.0$79,035Additional Paid-in Capital0.0$1,986$550,148$(1,576)$(185,047)$365,511Operating Cash Flowb0.0$47,213$4,484$160,948$317,481$530,126Total Shareholder Funds$79,035$49,199$554,632$159,373$132,434$974,673Total Sources$79,035$1,049,199$578,931$402,353$315,155$2,424,673Source: Petrozuata Planning Documents.a Includes a $139 million contingency.b Includes interest income.

Exhibit 8Exhibit 8 Oil and Gas Industry Comparables: 1996 (unless otherwise indicated)S&P RatingCountryCountry RatingDebt to Value (%)Pretax Interest Coverage (X)EBITDA/Interest (X)Operating Income as a % of RevenueRevenues ($ millions)OIL & GAS PROJECTSAthabasca Oil SandsBBBCanadaAA+26.80%8.15X11.09X32.30%$251.50Canadian Oil SandsBBB+CanadaAA+22.98.6213.4930.7118.3YPF Sociedad AnonimaBBBArgentinaBBB-34.84.778.2445,937.00Ras Laffan (2001)BBB+QatarBBB62.74.51na51.1851.6Petrozuata (2001)???VenezuelaB604.73.6579.4569.2INDEPENDENT OIL COMPANIESApacheBBBUSAAA45.80%2.68X5.85X60.10%$976.00Burlington ResourcesA-USAAA37.93.76.5662.61,293.00Husky OilBBBCanadaAA+41.92.665.0239.71,272.90Noble AffiliatesBBBUSAAA54.14.4910.7246878.3Norcen Energy ResourcesBBBCanadaAA+49.61.494.9942.21,257.30Talisman EnergyBBB+CanadaAA+304.5410.24591,182.90INTEGRATED OIL COMPANIESAmocoAAAUSAAA26.60%13.08X21.22X18.90%$32,150.00ChevronAAUSAAA329.8514.216.937,580.00ExxonAAAUSAAA2110.2515.0613.8116,728.00MobilAAUSAAA32.711.7316.6911.971,129.00TexacoA+USAAA39.35.688.8310.144,561.00Shell CanadaAACanadaAA+20.66.5710.4719.75,140.00PDVSABVenezuelaB15.432.2640.2748.733,855.00Sources: S&P Global Sector Review; Bloomberg; and casewriter estimates.

Exhibit 9Exhibit 9 Credit Ratings for Selected Sovereign Foreign Currency Long-term DebtaS&PbMoodysbInstitutional InvestorcSovereignDec. 1994Dec. 1996Dec. 1994Dec. 1996Sept. 1994Sept. 1996North AmericaCanadaAA+AA+Aa1Aa281.379.4MexicoBBBBBaa1Ba246.141.6United StatesAAAAAAAaaAaa90.890.7Central AmericaCosta Rican/rn/rn/rn/r30.333.9Panaman/rn/rn/rn/r24.428.5South AmericaArgentinaBB-BB-B2B137.338.9Bolivian/rn/rn/rn/r21.425.4BrazilB+B+B1B130.338.3ChileBBB+A-Baa2Baa154.961.2Colombian/rBBB-n/rBaa344.446.7Ecuadorn/rn/rn/rn/r24.526.4Perun/rn/rn/rB32130VenezuelaB+BBa2Ba23632Source: Bloomberg; and Country Credit Ratings, Institutional Investor, March 1995 and September 1996.a A foreign currency long-term debt rating is the rating agencys assessment of each governments capacity and willingness torepay its foreign currency denominated long-term debt according to the debts terms. n/r = not rated.b The following table provides a guide S&Ps and Moodys ratings. Note that between ratings categories, there are modifiers:S&P uses two (+ and -); and Moodys uses three (1, 2, and 3), where 1 is the highest rank.S&PMoodysAAAAaaInvestmentAAAaGradeAABBBBaaBBBaNon-investmentBBGradeCCCCaaCCCaCCc Institutional Investors Country Credit Ratings were based on a survey of 75 to 100 international banks. Bankers were askedto grade each country on a scale of 0 to 100, with 100 representing the least chance of default.

Exhibit 10aExhibit 10a Petrozuata Equity Cash Flow Projections (US dollars in thousands)YearForecast Price of SyncrudeTotal RevenueCash Available for Debt Service (CADS)Total Debt ServiceCash Used for Debt Service Reserve AccountEquity Cash FlowsTotal DebtDividendsInvestment1996$12.25$0($79,035)$0199712.560($61,134)-1,9861,000,000199812.8778,524-86,816-550,1481,024,299199913.19429,059-94,955$1,5761,267,280200013.52804,108$317,481-111,556($80,865)185,0471,450,000200113.86569,156384,765-160,9221,614225,4571,411,111200214.21583,597389,154-157,6941,614233,0741,372,222200314.56598,398366,575-154,466-11,509200,6001,333,333200414.93613,568401,552-176,949-5,700218,9031,268,856200515.3629,117398,211-188,009-6,345203,8571,187,614200615.68645,052433,477-200,307-550232,6201,086,961200716.07661,386435,267-201,204-4,671229,393977,484200816.47678,126438,118-210,15310,623238,588849,556200916.89695,283373,182-166,14819,595226,629755,137201017.31712,869371,469-150,455-4,135216,878669,137201117.74730,892378,471-158,377-3,438216,655567,137201218.19749,365387,428-164,96440,417262,881449,137201318.64768,299328,978-85,668-933242,378401,689201418.64768,798358,441-87,403-19,051251,988348,241201518.64769,309391,545-124,573-6,498260,474252,034201618.64769,831383,528-137,1034,468250,893134,448201718.64770,365382,868-68,69162,038376,21575,000201818.64770,911327,531-6,6530320,87875,000201918.64771,468308,024-6,6530301,37075,000202018.64781,859283,051-6,6530276,39875,000202118.64782,441299,464-6,6530292,81075,000202218.64783,036295,554-81,6533,327217,2270202318.64783,644294,57800294,578202418.64784,266289,656289,656202518.64784,901289,705289,705202618.64785,550278,074278,074202718.64786,214276,806276,806202818.64786,891274,449274,449202918.64787,584263,604263,604203018.64788,291247,540247,540203118.64789,014250,329250,329203218.64789,753242,937242,937203318.64790,508240,644240,644203418.64791,279226,196226,196

Exhibit 10bExhibit 10b Capital Markets Data (as of January 1997)Government or Inter-bank DebtYieldsCorporate Bond Ratings (U.S. Industrials)YieldsFederal Funds Rate5.19%AAA7.13%3-month Treasury Bill5.03AA7.213-month LIBOR5.78A7.3910-year Treasury Bond6.56BBB7.730-year Treasury Bond6.81BB8.69Sources: Petrozuata Planning Documents; Federal Reserve Bulletin; S&P Bond Guide, and casewriter estimates.