Amerada Hess Names John Reilly CFO

Amerada Hess announced that John P. Rielly has been named Senior Vice President and Chief Financial Officer, effective April 1, 2004. Mr. Rielly replaces John Y. Schreyer, who will retire from Amerada Hess Corporation effective April 30, 2004. Mr. Rielly joined Amerada Hess in 2001 as Vice President and Controller. Prior to joining the Corporation, Mr. Rielly was employed for 17 years at Ernst & Young, where he became a Partner in 1996.

The Corporation also announced that John J. Scelfo, has been named Senior Vice President, Finance and Corporate Development. Mr. Scelfo joined Amerada Hess in 2003 as Vice President and Chief Financial Officer -- Worldwide Exploration and Production. Previously he served as Chief Financial Officer of Sirius Satellite Radio and Dell Asia Pacific, and spent 19 years in various financial positions with Mobil Oil.

In announcing John Schreyer's retirement, Amerada Hess Chairman and CEO John Hess stated that, "we are deeply grateful to John for his strong leadership, tireless dedication and invaluable contributions during his 14 years with the Company."