Murphy Oil Announces Dividend

April 1, 2009

EL DORADO, Ark.--(BUSINESS WIRE)--Apr. 1, 2009--

The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.25 per share, or $1.00 per share on an annualized basis. The dividend is payable June 1, 2009 to holders of record May 15, 2009.