Anadarko Prices $750MM Senior Notes Offering

Anadarko has priced its registered public offering of $750 million 6.200% Senior Notes due 2040.

Anadarko expects to close the offering on March 16, 2010 and intends to use the net proceeds from the offering to fund a portion of the purchase price for its cash tender offer for any and all 6.750% Senior Notes due 2011, originally issued by Anadarko Finance Company, a wholly owned subsidiary of Anadarko, and its partial cash tender offer for the 6.875% Notes due 2011 issued by Kerr-McGee Corporation, a wholly owned subsidiary of Anadarko, and 6.125% Notes due 2012 and 5.000% Notes due 2012 issued by Anadarko.


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