Pride International Schedules Third Quarter 2007 Earnings Release Date and Conference Call


HOUSTON, Oct. 3, 2007 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that it plans to report earnings for the three and nine months ended September 30, 2007, on Thursday, November 1, 2007, before the opening of financial markets in the United States. Following the earnings report, the company will conduct a conference call at 12 p.m. ET on November 1 to discuss the financial results and management's operations and industry outlook. Individuals who wish to participate in the conference call should dial 913-312-1409 and refer to confirmation code 2641458 approximately five to 10 minutes before the scheduled start of the call.

In addition, the conference call will be simulcast through a listen-only broadcast over the internet and can be accessed by logging onto www.prideinternational.com. A telephonic replay of the conference call should be available after 2 p.m. ET on November 1 and can be accessed by dialing 719-457-0820 and referring to pass code 2641458. Also, a replay will be available through the internet, along with an electronic download option (podcast) and can be accessed by visiting the company's worldwide web address. All replay options will be available for approximately 30 days.

Pride International, Inc., headquartered in Houston, Texas, is one of the world's largest drilling contractors. The company provides offshore and land drilling and related services, operating a fleet of 68 rigs, including two ultra-deepwater drillships, 12 semisubmersible rigs, 28 jackups, 14 tender-assist, barge and platform rigs, five managed deepwater rigs and seven Eastern Hemisphere-based land rigs. The company has two additional ultra-deepwater drillships under construction with expected deliveries in 2010. The company has announced an agreement to sell three of its tender-assist rigs, with an expected closing in early 2008.

The Pride International, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3388

The information above includes forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in the company's filings with the Securities and Exchange Commission. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.



            

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