Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call October 28, 2008 at 10:00 a.m. CT to discuss third quarter earnings results, which will be released earlier that day, and provide an update on company operations.

Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com.

Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and 2007 revenues of more than $95 billion. The company owns and operates 16 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.1 million barrels per day, making it the largest refiner in North America. Valero is also one of the nation’s largest retail operators with approximately 5,800 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. Please visit www.valero.com for more information.

Valero Energy Corporation, San Antonio
Investors, Ashley Smith, Director,
Investor Relations: 210-345-2744
or
Media, Bill Day, Director, Corporate Communications:
210-345-2928
Website: http://www.valero.com/