Records arise naturally in many fi elds of studies such as climatology, sports, science, engineering, medicine, traffic, and industry, among others. The exponential
distribution plays a pivotal role in the study of records because of its wide range of
applicability in the modeling and analysis of life time data in these fi elds. In this
paper, various properties of record values of univariate exponential distribution
are reviewed. Most of the recent works are mentioned and some new results are
presented. We hope that the fi ndings of this paper will be a useful reference for
the practitioners in various fields of studies and further enhancement of research
in record value theory and its applications.