Valero Raises a Company Record $1.18 Million for Children’s Miracle Network

Valero Energy Corp. (NYSE: VLO) announced today that it has raised a record $1,181,377 for Children’s Miracle Network during the recent fundraising campaign held in its company-operated Diamond Shamrock and Valero Corner Stores. The campaign raised funds for 30 children’s hospitals located in eight of the states where Valero has retail operations.

This is the 13th year Valero has participated in the campaign, and over that time, Valero’s efforts have raised $7.6 million for the organization. Customers at Valero-operated stores who make donations to Children’s Miracle Network add their names to paper balloons, which are then displayed in the stores throughout the campaign.

“We’re proud of the fact that through the Children’s Miracle Network campaign, we’re helping children in the communities were we do business,” said Gary Arthur, Valero’s Senior Vice President of Retail and Specialty Products Marketing. “One hundred percent of the money we raise supports children’s hospitals in our areas, helping to ensure that kids have access to the best health care, latest technology and most advanced medical facilities available. Thanks to the tremendous generosity of our customers, we raised more money than ever.”

Valero’s donation of more than $1.18 million represents a 4.4 percent increase over the amount raised last year, and the average amount raised per store increased by 7.4 percent compared with 2006’s campaign.

About Valero
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 21,000 employees and 2006 annual revenues of more than $90 billion. The company owns and operates 17 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.