Pride International Schedules Third Quarter 2008 Earnings Release Date and Conference Call

HOUSTON, Oct 2, 2008 (GlobeNewswire via COMTEX) -- PDE | Quote | Chart | News | PowerRating -- Pride International, Inc. (NYSE:PDE) today announced that it plans to report earnings for the nine months ended September 30, 2008 on Thursday, October 30, 2008, before the opening of financial markets in the United States. Following the earnings report, the company will conduct a conference call at 11:00 a.m. ET on Thursday, October 30 to discuss the financial results and management's operational outlook. Individuals who wish to participate in the conference call should dial 913-312-1240 and refer to confirmation code 4018997 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 the company's worldwide web address at www.prideinternational.com. A telephonic replay of the conference call should be available after 2:00 p.m. ET on October 30 and can be accessed by dialing 719-457-0820 and referring to pass code 4018997. 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 offshore drilling contractors, operating a fleet of 46 rigs, including two deepwater drillships, 12 semisubmersible rigs, 27 jackups and five managed deepwater rigs. The company also has four ultra-deepwater drillships under construction.

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

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SOURCE: Pride International, Inc.

Pride International, Inc. Analyst Contact: Jeffrey L. Chastain (713) 917-2020 Media Contact: Kate Perez (713) 917-2343

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