Questions concerning Pennzoil-Quaker State Company's operating and financial performance should be directed to Jay Roueche, Vice President, Investor Relations, at (713) 546-4961. Copies of the annual report and Form 10-K are available by contacting the Office of the Corporate Secretary, Pennzoil-Quaker State Company, P.O. Box 2967, Houston, Texas 77252-2967 or by calling (713) 546-8907. The annual report and 10-K are available online at http://www.pennzoil-quakerstate.com.

Dividend Reinvestment and Stock Purchase Plan
The SIP dividend reinvestment and stock purchase plan provides a convenient way for shareholders and employees to reinvest dividends and purchase additional shares of Pennzoil-Quaker State Company common stock. To receive a plan brochure and enrollment form, call (888) 795-7862, write PZ Shareowner Services, Inc., P. O. Box 4351, Houston, TX 77210 or visit Pennzoil-Quaker State Company online at http://www.pennzoil-quakerstate.com.

PZ Shareowner Services, Inc. offers registered shareholders, at no charge, the option of having dividends deposited directly into their checking or savings accounts at any financial institution participating in the Automated Clearing House system. To sign up for this service, please call (888)795-7862, or send an e-mail to ShareownerServices@pzlqs.com.

Registered shareholders are encouraged to vote their proxies via the Internet at http://www.proxyvoting.com/pzl and may also sign up to receive annual reports and proxy statements over the Internet in the future. Registered holders may also vote by telephone by following instructions attached to the proxy card.

Shareholders whose shares are held by a brokerage firm or bank may be eligible to vote via the Internet or telephone and should read the proxy voting instructions received with the meeting material or consult their agent for instructions. Beneficial owners should contact the brokerage firm or bank holding their stock to see if they may receive annual reports and proxy statements over the Internet in the future.

Pennzoil-Quaker State Company's 2002 annual meeting of shareholders will be held in Houston, Texas on Thursday, May 2 at 10:00 a.m., Houston time. Formal notice of the meeting, proxy statement and form of proxy will be sent to shareholders of record as of March 8, 2002. Management hopes that as many shareholders as possible will attend this year's meeting.

Symbol: PZL
Transfer Agent and Registrar:
PZ Shareowner Services, Inc.
Stock Exchange Listings:
New York Stock Exchange (NYSE)
Pacific Exchange (PCX)

Pennzoil-Quaker State Company
P.O. Box 2967 Houston, TX 77252-2967