Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call July 26, 2005 at 10:00 a.m. CT to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations.  The conference call may be accessed by dialing 800/622-7620, reservation passcode 7708606.  International callers may access the conference call by dialing 706/645-0327, passcode 7708606. The company intends to have a playback available following the conference call and may be accessed by calling 800/642-1687, reservation passcode 7708606.  International callers may access the playback by calling 706/645-9291, reservation passcode 7708606.

Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com.

Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 20,000 employees and annual revenue of approximately $55 billion. The company owns and operates 14 refineries throughout the United States, Canada and the Caribbean. Valero's refineries have a combined throughput capacity of approximately 2.5 million barrels per day, which represents approximately 12 percent of the total U.S. refining capacity. Valero is also one of the nation's largest retail operators with more than 4,700 retail and  branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Diamond Shamrock, Shamrock, Ultramar, Valero, and Beacon.

Please visit www.valero.com for more information.