EXXONMOBIL TRUMPS T.I., GIVES $7 MILLION

Okay, last one of these. But Lee Raymond has stepped up, too. Full release:

ExxonMobil is committing an additional $5 million in direct contributions to Hurricane Katrina relief efforts, bringing total contributions to more than $7 million.

“Many ExxonMobil employees and families have been impacted by this terrible disaster, the full extent of which is still being assessed,” said Lee Raymond, chairman and CEO of Exxon Mobil Corporation (NYSE:XOM). “Our hope is that this additional funding will bring needed relief to the families and their loved ones in communities facing unprecedented challenges in the aftermath of Hurricane Katrina.”

Communities that have opened their arms to assist in relief efforts will receive $5 million in grants through local and national agencies working in those cities. On August 30, ExxonMobil immediately committed $2 million to the American Red Cross Disaster Relief Fund as well as in-kind assistance to government agencies in the form of fuel and lubricants.

For employees impacted by the hurricane, ExxonMobil has established an assistance program which includes interest-free emergency loans, advances in salary, paid time off to attend to personal needs, and access to temporary transportation assistance. Employees should call the toll-free assistance line (877-294-8617) or their immediate supervisor for additional information.

Our main concern continues to be the safety of our employees, contractors and all of the communities along the Louisiana, Mississippi and Alabama Gulf Coast.

As conditions permit, ExxonMobil continues its post-storm assessment to determine the integrity and operability of our facilities. Where it is safe to do so, crews are returning to work to perform more detailed assessments and bring production back on line.

Early indications are that damage to the majority of our offshore structures in the Gulf of Mexico has been limited (i.e. external grating, stairways).

Our Inland Louisiana natural gas facilities are back on line, and we have restarted operations at Mobile Bay.

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