CITGO RACING'S WATKINS GLEN II RACE REPORT

                        Mechanical problem ends race after advancing to 8th

August 11, 2006, Los Angeles, CA...Milka Duno, Joao Barbosa and the CITGO
Racing Team were having one of their best races of the season before a
mechanical problem ended their effort prematurely. After reaching as high as
8th and in the hunt for a podium finish the #11 CITGO Pontiac Riley ended
today's Crown Royal 200 at The Glen in the 19th position.

In the second and last all-Daytona Prototype race of the 2006 Rolex Sports
Car Championship season a brake line failure ended the team's challenge for
a podium finish at Watkins Glen International in upstate New York.

Milka started the race 21st on the grid and was able to advance the #11
CITGO Pontiac Riley to 17th before handing the car to her teammate during
the second caution period. Joao charged to 8th before the brake line failure
just before the "loop" section of the track brought the car first into the
pits - and then out of the race - with only 38 minutes left in the
competition.

Milka Duno

"I'm very happy that Joao came out of this ok - he handled a very dangerous
situation extremely well. What I know is that we have a very competitive
team and a very competitive car - or we wouldn't have made it up to the top
ten. But we did - and we were well on our way to a podium finish before the
mechanical problem forced us out. My thanks to the crew and Joao for a great
job and as always we look forward to our next race with determination. We'll
be working very hard for a strong finish."

Joao Barbosa

"The race was going really well. I was able to keep up with the front group,
which was really good. Unfortunately, we had a brake line failure and I had
no brakes at all going into the loop. I made the chicane and I had to go
down through the gears to slow the car as fast as I could without any
damage. I'm real happy where it happened because it could have been much
worse. I was able to bring the car in one piece to the pits. Maybe next time
..."

CITGO, based in Houston, Texas, is a refiner, transporter and marketer of
transportation fuels, lubricants, petrochemicals, refined waxes, asphalt and
other industrial products.
The company is owned by PDV America, Inc., an indirect wholly owned
subsidiary of Petróleos de Venezuela, S.A., the national oil company of the
Bolivarian Republic of Venezuela. For more information on CITGO visit
www.citgo.com.

For the third consecutive year, well-known Latina racecar driver Milka Duno
will be featured in Pontiac's advertising campaigns. Pontiac is a division
of General Motors Corporation (NYSE: GM) and markets the G6 sedan, coupe and
retractable hardtop convertible; Grand Prix; Solstice roadster; Vibe and
Torrent. In 2005, Pontiac sold more than 437,000 vehicles, ranking third
among GM divisions in total sales. For the 2007 model year, Pontiac will be
launching the turbocharged Solstice GXP and the entry-level G5 coupe in the
Fall 2006. More information on Pontiac and its products can be found at
www.pontiac.com. Information in Spanish can be found at www.pontiac.com/sp.

Milka is also the Latin American spokesperson for Sony's Xplod car audio
brand. Sony is a leading manufacturer of audio, video, communications, and
information technology products for the consumer and professional markets.
Its music, motion picture, television, computer entertainment, and online
businesses make Sony one of the most comprehensive entertainment companies
in the world. Sony recorded consolidated annual sales of approximately $64
billion for the fiscal year ending March 31, 2006. You may visit the Sony
Corporation website at http://www.sony.net/. Sony Latin America has a
regional office in Miami, Florida and subsidiaries in numerous countries,
including Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru,
Puerto Rico and Venezuela. You may visit the Sony Latin America website at
http://www.sony-latin.com/index_.crp.

For additional information on Milka please visit www.milkaduno.com. For more
information on the Rolex Sports Car Series please log on to
www.grandamerican.com.

 

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