XTO Energy Inc. Announces Purchase of $1.244 Billion Principal Amount of Its Debt Securities

IRVING, Texas--(BUSINESS WIRE)-- XTO Energy Inc. ("XTO"), a wholly-owned subsidiary of Exxon Mobil Corporation ("ExxonMobil") (NYSE: XOM), announced today that the previously announced cash tender offers (each, an "Offer") for any and all of its outstanding debt securities in the series specified in the table below (the "Securities") expired at 5:00 p.m., New York City time, on November 17, 2010. After the expiration of the Offers, XTO accepted for purchase all of the Securities which were validly tendered and not validly withdrawn prior to the expiration of the relevant Offer, representing a total aggregate principal amount of approximately $1.244 billion. Set forth in the table below is the aggregate principal amount of Securities of each series purchased pursuant to the relevant Offer:


                                                 Aggregate Principal Amount
Title of Securities                 CUSIP No.    Accepted for
                                                 Purchase

6.25% Senior Notes due August 1,    98385XAL0    $280,599,000
2017

5.500% Senior Notes due June 15,    98385XAP1    $401,838,000
2018

6.50% Senior Notes due December     98385XAT3    $561,723,000
15, 2018



Payment for Securities purchased pursuant to the Offers was made to The Depository Trust Company, as registered holder of the Securities, earlier today. XTO funded the purchase of the Securities with available cash on hand and inter-company borrowings from its parent, ExxonMobil.

Barclays Capital Inc. and J.P. Morgan Securities LLC served as Dealer Managers for the Offers. Global Bondholder Services Corporation served as the Information Agent and the Depositary for the Offers.

This news release shall not be construed as an offer to purchase or a solicitation of an offer to purchase any of the Securities or any other securities.

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    Source: Exxon Mobil Corporation