Valero 2003 Annual Report Download - page 32

Annual฀Meeting
Valero’s฀annual฀meeting฀of฀stockholders฀will฀be฀held฀
on฀Thursday,฀April฀29,฀2004,฀at฀10:00฀a.m.฀at฀Valero’s฀
of฀ce฀located฀at฀One฀Valero฀Way฀(near฀the฀Southwest฀
corner฀of฀the฀intersection฀of฀I.H.฀10฀and฀Loop฀1604
West)฀in฀San฀Antonio,฀Texas.฀฀฀
Valero฀Energy฀Corporation฀Stock
Valero’s฀common฀stock฀is฀listed฀for฀trading฀on฀the฀New฀
York฀Stock฀Exchange฀under฀the฀ticker฀symbol฀“VLO.”
Transfer฀Agent฀and฀Registrar฀
Computershare฀Investor฀Services฀has฀been฀appointed฀
transfer฀agent,฀registrar฀and฀dividend฀disbursing฀agent฀
for฀Valero’s฀common฀stock.฀฀Inquiries฀with฀respect฀to฀
stock฀accounts฀and฀dividends฀and฀all฀requests฀to฀transfer฀
certi฀cates฀should฀be฀addressed฀to:
Computershare฀Investor฀Services
P.O.฀Box฀A3504
Chicago,฀IL฀60690-3504
(888)฀470-2938
Dividend฀Withholding
Under฀federal฀income฀tax฀law,฀you฀are฀subject฀to฀
certain฀penalties,฀as฀well฀as฀withholding฀with฀respect฀
to฀your฀dividend฀payments,฀if฀you฀have฀not฀provided฀
Valero฀with฀your฀correct฀social฀security฀number฀or฀
other฀taxpayer฀identi฀cation฀number.฀฀For฀this฀reason,฀
any฀security฀holder฀who฀has฀not฀provided฀a฀taxpayer฀
identi฀cation฀number฀should฀obtain฀a฀Form฀W-9฀
(Payer’s฀Request฀for฀Taxpayer฀Identi฀cation฀Number).฀฀
To฀request฀a฀Form฀W-9,฀please฀contact฀Valero’s฀transfer฀
agent฀and฀registrar฀at฀the฀address฀shown฀above.฀฀
Valero฀Corporate฀Headquarters
P.O.฀Box฀500
San฀Antonio,฀TX฀78292-0500
(210)฀345-2000
Website
www.valero.com
Investor฀Inquiries
For฀investor฀inquiries,฀please฀contact:฀
Investor฀Relations฀Department
P.O.฀Box฀500
San฀Antonio,฀TX฀78292-0500
(800)฀531-7911฀or฀(210)฀345-2139
(210)฀345-2103฀(fax)
[e-mail]
Media฀Inquiries
For฀media฀inquiries,฀please฀contact:
Corporate฀Communications฀Department
P.O.฀Box฀500฀
San฀Antonio,฀TX฀78292-0500
(800)฀531-7911฀or฀(210)฀345-2314
(210)฀345-2327฀(fax)
[e-mail]฀
shareholder฀information
forward-looking฀statements
Much฀ of฀ the฀ information฀ provided฀ in฀ this฀ report฀ includes฀ or฀ is฀ based฀ upon฀ estimates,฀ predictions,฀
projections฀ and฀ other฀ “forward-looking฀ statements”฀ (as฀ de฀ned฀ in฀ Section฀ 27A฀ of฀ the฀ Securities฀ Act฀ of฀
1933฀and฀Section฀21E฀of฀the฀Securities฀Exchange฀Act฀of฀1934)฀that฀involve฀various฀risks฀and฀uncertainties.฀฀
While฀these฀forward-looking฀statements,฀and฀any฀assumptions฀upon฀which฀they฀are฀based,฀are฀made฀in฀good฀
faith฀and฀re฀ect฀Valero’s฀current฀judgment฀regarding฀the฀direction฀of฀its฀business,฀actual฀results฀will฀almost฀
always฀vary,฀sometimes฀materially,฀from฀any฀estimates,฀predictions,฀projections,฀assumptions,฀or฀other฀future฀
performance฀suggested฀herein.฀฀Certain฀risks฀and฀uncertainties฀that฀may฀affect฀Valero฀are฀detailed฀from฀time฀
to฀time฀in฀its฀SEC฀reports,฀including฀Valero’s฀most฀recent฀Annual฀Report฀on฀Form฀10-K.฀฀The฀฀nancial฀
and฀other฀information฀provided฀in฀this฀summary฀annual฀report฀should฀be฀read฀in฀conjunction฀with฀Valero฀
Energy฀Corporation’s฀complete฀Consolidated฀Financial฀Statements฀(including฀the฀notes)฀and฀Management’s฀
Discussion฀and฀Analysis฀of฀ Financial฀ Condition฀and฀ Results฀of฀ Operations.฀This฀and฀ other฀information฀
about฀Valero฀is฀contained฀in฀Valero’s฀Notice฀of฀the฀2004฀Annual฀Meeting฀of฀Stockholders฀Proxy฀Statement฀
and฀Form฀10-K฀for฀the฀year฀ended฀December฀31,฀2003.฀฀This฀document฀is฀provided฀to฀all฀stockholders฀of฀
record฀as฀of฀March฀1,฀2004.฀฀In฀addition,฀persons฀may฀request,฀without฀charge,฀a฀Form฀10-K฀by฀writing฀or฀
calling฀Valero’s฀Investor฀Relations฀Department.฀฀Valero’s฀2003฀Annual฀Report฀on฀Form฀10-K฀and฀the฀Proxy฀
Statement฀also฀may฀be฀accessed฀via฀our฀Internet฀website฀at:฀www.valero.com.
Printed฀in฀the฀U.S.A.
฀nancial฀highlights฀ 1
letter฀to฀shareholders฀ 2
a฀world-class฀re฀ner฀&฀marketer฀฀6
condensed฀฀nancial฀information฀฀22
board฀of฀directors฀฀28
shareholder฀information฀ 29
table฀of฀contents