X0202 4 2008-01-02 0 0000004447 HESS CORP HES 0001087997 HESS JOHN B HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 1 1 1 0 Chairman of the Board and CEO Common Stock, $1.00 par value 2008-01-02 4 J 0 3499 0.00 D 147939 I See Note Common Stock, $1.00 par value 2008-01-02 4 J 0 3499 0.00 A 1155069 D Distributed from a previously reported trust referred to in Note 2. This transaction represents a change only in the nature of beneficial ownership. Held by a previously reported trust established by the reporting person for the benefit of his mother. The reporting person is trustee of the trust. This amount includes 595,000 shares held in escrow pursuant to the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan. The reporting person has only voting power of these shares until the lapsing of the period set by the Committee administering the Plan at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation. George C. Barry for John B. Hess 2008-01-03