EXHIBIT 99.1

News Release

Exxon Mobil Corporation

5959 Las Colinas Boulevard

Irving, TX  75039

972 444 1107 Telephone

972 444 1138 Facsimile

FOR IMMEDIATE RELEASE

THURSDAY, APRIL 26, 2007

EXXON MOBIL CORPORATION ANNOUNCES ESTIMATED

FIRST QUARTER 2007 RESULTS

First Quarter

2007

2006

%

Net Income

   $ Millions

9,280

8,400

10

   $ Per Common Share

      Assuming Dilution

1.62

1.37

18

Special Items

   $ Millions

0

0

Earnings Excluding Special Items

   $ Millions

9,280

8,400

10

   $ Per Common Share

      Assuming Dilution

1.62

1.37

18

Capital and Exploration

Expenditures - $ Millions

4,275

4,824

EXXONMOBIL'S CHAIRMAN REX W. TILLERSON COMMENTED:

"ExxonMobil's first quarter net income was $9,280 million, up 10% from the first quarter of 2006.  Higher refining, marketing and chemical margins were partly offset by a decrease in crude oil and natural gas realizations.

In the first quarter, ExxonMobil continued to actively invest, bringing additional crude oil, finished products and natural gas to market.  Spending on capital and exploration projects totaled $4.3 billion in the first quarter.  

The Corporation distributed a total of $8.8 billion to shareholders in the first quarter through dividends of $1.8 billion and share purchases to reduce shares outstanding of $7.0 billion, an increase of 26% versus the first quarter of 2006."

FIRST QUARTER HIGHLIGHTS

·

Net income was $9,280 million, an increase of 10% or $880 million from the first quarter of 2006.

·

Spending on capital and exploration projects was $4.3 billion.

·

Excluding cumulative entitlement and divestment impacts, as well as OPEC quota effects, liquids production increased by 7%.

·

Cash flow from operations and asset sales was approximately $14.8 billion, including asset sales of $0.5 billion.

·

Earnings per share excluding special items were $1.62, an increase of 18%, reflecting strong earnings and the benefits of the share repurchase program.

·

Share purchases of $7.0 billion reduced shares outstanding by 1.7%.

·

ExxonMobil signed contracts for the Fujian Refining and Ethylene Joint Venture Project and the Fujian Fuels Marketing Joint Venture Project.  The two joint ventures, with a total investment of about $5 billion, are the first fully integrated refining, petrochemicals and fuels marketing projects with foreign participation in China.     

First Quarter 2007 vs. First Quarter 2006

Upstream earnings were $6,041 million, down $342 million from the first quarter of 2006 primarily reflecting lower realizations and decreased natural gas volumes driven by lower European demand.

On an oil-equivalent basis, production decreased by 3% from the first quarter of 2006.  Excluding the cumulative impact of entitlements and divestments, as well as OPEC quota effects, production was up almost 1%.

Liquids production of 2,747 kbd (thousands of barrels per day) was 49 kbd higher.  Increased production from projects in West Africa, Russia and the Middle East were partly offset by mature field decline and the cumulative impact of entitlements and divestments.  Excluding cumulative entitlement and divestment effects, as well as OPEC quota impacts, liquids production increased by 7%.

First quarter natural gas production was 10,131 mcfd (millions of cubic feet per day) compared with 11,175 mcfd last year.  The impact of mature field decline and the reduction of European demand by about 1,400 mcfd due to weather were partly offset by higher volumes from projects in Qatar.

Earnings from U.S. Upstream operations were $1,177 million, $103 million lower than the first quarter of 2006.  Non-U.S. Upstream earnings were $4,864 million, down $239 million from 2006.

Downstream earnings were $1,912 million, up $641 million from the first quarter 2006, driven by higher refining and marketing margins and improved refinery throughput.  Petroleum product sales were 7,198 kbd, 21 kbd higher than last year's first quarter.

U.S. Downstream earnings were $839 million, up $160 million from the first quarter of 2006.  Non-U.S. Downstream earnings of $1,073 million were $481 million higher.

Chemical earnings were $1,236 million, up $287 million from the first quarter of 2006 due to improved margins.  Prime product sales of 6,805 kt (thousands of metric tons) in the first quarter of 2007 were down 111 kt from the prior year.

Corporate and financing earnings were $91 million, up $294 million, mainly due to tax items.

During the first quarter of 2007, Exxon Mobil Corporation purchased 108 million shares of its common stock for the treasury at a gross cost of $8.0 billion.  These purchases included $7.0 billion to reduce the number of shares outstanding and the balance to offset shares issued in conjunction with the company's benefit plans and programs.  Shares outstanding were reduced from 5,729 million at the end of the fourth quarter to 5,633 million at the end of the first quarter.  Purchases may be made in both the open market and through negotiated transactions, and may be increased, decreased or discontinued at any time without prior notice.

 ExxonMobil will discuss financial and operating results and other matters on a webcast at 10 a.m. Central time on April 26, 2007.  To listen to the event live or in archive, go to our website at "exxonmobil.com".

Statements in this release relating to future plans, projections, events or conditions are forward-looking statements.  Actual results, including project plans and related expenditures, resource recoveries, timing and capacities, could differ materially due to changes in long-term oil or gas prices or other market conditions affecting the oil and gas industry; political events or disturbances; reservoir performance; the outcome of commercial negotiations; potential liability resulting from pending or future litigation; wars and acts of terrorism or sabotage; changes in technical or operating conditions; and other factors discussed under the heading "Factors Affecting Future Results" on our website and in Item 1A of ExxonMobil's 2006 Form 10-K.  We assume no duty to update these statements as of any future date.

Consistent with previous practice this press release includes both net income and earnings excluding special items.  Earnings that exclude special items are a non-GAAP financial measure and are included to help facilitate comparisons of base business performance across periods.  A reconciliation to net income is shown in Attachment II.  The release also includes cash flow from operations and asset sales.  Because of the regular nature of our asset management and divestment program, we believe it is useful for investors to consider sales proceeds together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities.  Calculation of this cash flow is shown in Attachment II.  Further information on ExxonMobil's frequently used financial and operating measures is contained on pages 32 and 33 in the 2006 Form 10-K and is also available through the Investor Information section of our website at "exxonmobil.com".

Attachment I

EXXON MOBIL CORPORATION

FIRST QUARTER 2007

(millions of dollars, unless noted)

First Quarter

2007

2006

Earnings / Earnings Per Share

Total revenues and other income

87,223

88,980

Total costs and other deductions

71,159

73,521

Income before income taxes

16,064

15,459

Income taxes

6,784

7,059

Net income (U.S. GAAP)

9,280

8,400

Net income per common share (dollars)

1.64

1.38

Net income per common share

- assuming dilution (dollars)

1.62

1.37

Other Financial Data

Dividends on common stock

Total

1,825

1,957

Per common share (dollars)

0.32

0.32

Millions of common shares outstanding

At March 31

5,633

6,050

Average - assuming dilution

5,714

6,126

Shareholders' equity at March 31

114,110

112,463

Capital employed at March 31

124,266

122,286

Income taxes

6,784

7,059

Sales-based taxes

7,284

7,664

All other taxes

10,408

9,747

Total taxes

24,476

24,470

ExxonMobil's share of income taxes

of equity companies

573

521

Attachment II

EXXON MOBIL CORPORATION

FIRST QUARTER 2007

(millions of dollars)

First Quarter

2007

2006

Net Income (U.S. GAAP)

Upstream

United States

1,177

1,280

Non-U.S.

4,864

5,103

Downstream

United States

839

679

Non-U.S.

1,073

592

Chemical

United States

346

329

Non-U.S.

890

620

Corporate and financing

91

(203)

Corporate total

9,280

8,400

Special Items

Upstream

United States

0

0

Non-U.S.

0

0

Downstream

United States

0

0

Non-U.S.

0

0

Chemical

United States

0

0

Non-U.S.

0

0

Corporate and financing

0

0

Corporate total

0

0

Earnings Excluding Special Items

Upstream

United States

1,177

1,280

Non-U.S.

4,864

5,103

Downstream

United States

839

679

Non-U.S.

1,073

592

Chemical

United States

346

329

Non-U.S.

890

620

Corporate and financing

91

(203)

Corporate total

9,280

8,400

Cash flow from operations and asset sales (billions of dollars)

Net cash provided by operating activities   (U.S. GAAP)

14.3

14.6

Sales of subsidiaries, investments and property, plant and equipment

0.5

0.4

Cash flow from operations and asset sales

14.8

15.0

Attachment III

EXXON MOBIL CORPORATION

FIRST QUARTER 2007

First Quarter

2007

2006

Net production of crude oil

and natural gas liquids,

thousands of barrels daily (kbd)

United States

417

442

Canada

297

332

Europe

523

563

Africa

782

741

Asia Pacific/Middle East

508

467

Russia/Caspian

186

114

Other

34

39

Worldwide

2,747

2,698

Natural gas production available for sale,

millions of cubic feet daily (mcfd)

United States

1,529

1,690

Canada

774

882

Europe

4,611

5,970

Asia Pacific/Middle East

2,998

2,462

Russia/Caspian

116

82

Other

103

89

Worldwide

10,131

11,175

Oil-equivalent production (koebd)¹

4,436

4,560

¹Gas converted to oil-equivalent at 6 million cubic feet = 1 thousand barrels

Attachment IV

EXXON MOBIL CORPORATION

FIRST QUARTER 2007

First Quarter

2007

2006

Refinery throughput (kbd)

United States

1,798

1,716

Canada

441

486

Europe

1,641

1,645

Asia Pacific

1,504

1,465

Other

321

236

Worldwide

5,705

5,548

Petroleum product sales (kbd)¹

United States

2,774

2,651

Canada

449

484

Europe

1,812

1,797

Asia Pacific

1,428

1,527

Other

735

718

Worldwide

7,198

7,177

Gasolines, naphthas

2,858

2,735

Heating oils, kerosene, diesel

2,220

2,244

Aviation fuels

633

634

Heavy fuels

701

685

Specialty products

786

879

Worldwide

7,198

7,177

Chemical prime product sales,

thousands of metric tons (kt)

United States

2,731

2,620

Non-U.S.

4,074

4,296

Worldwide

6,805

6,916

¹ Petroleum product sales data is reported net of purchases/sales contracts with the same counterparty.     

Attachment V

EXXON MOBIL CORPORATION

FIRST QUARTER 2007

(millions of dollars)

First Quarter

2007

2006

Capital and Exploration Expenditures

Upstream

United States

466

548

Non-U.S.

3,003

3,539

Total

3,469

4,087

Downstream

United States

212

162

Non-U.S.

319

419

Total

531

581

Chemical

United States

84

63

Non-U.S.

188

81

Total

272

144

Other

3

12

Worldwide

4,275

4,824

Exploration expenses charged to income

included above

Consolidated affiliates

United States

89

63

Non-U.S.

179

214

Equity companies - ExxonMobil share

United States

1

0

Non-U.S.

2

3

Worldwide

271

280

Attachment VI

EXXON MOBIL CORPORATION

NET INCOME

$ Millions

$ Per Common Share

2003

First Quarter

7,040

1.05

Second Quarter

4,170

0.63

Third Quarter

3,650

0.55

Fourth Quarter

6,650

1.01

Year

21,510

3.24

2004

First Quarter

5,440

0.83

Second Quarter

5,790

0.89

Third Quarter

5,680

0.88

Fourth Quarter

8,420

1.31

Year

25,330

3.91

2005

First Quarter

7,860

1.23

Second Quarter

7,640

1.21

Third Quarter

9,920

1.60

Fourth Quarter

10,710

1.72

Year

36,130

5.76

2006

First Quarter

8,400

1.38

Second Quarter

10,360

1.74

Third Quarter

10,490

1.79

Fourth Quarter

10,250

1.77

Year

39,500

6.68

2007

First Quarter

9,280

1.64