CITGO is aware of reports in the Venezuelan news media suggesting that CITGO has engaged in settlement discussions with plaintiffs in a class action filed last year in the United States District Court for the District of Delaware by former employees of PDVSA. These reports are false. CITGO has appeared in the action but has not engaged in any settlement negotiations or discussions with plaintiffs or their representatives. The case is in its early stages, and the court has not issued any rulings regarding the sufficiency of the complaint, whether the case can be maintained as a class action, or the merits of plaintiffs’ claims.