Rowan Schedules First Quarter Earnings Release and Conference Call

HOUSTON, April 16 /PRNewswire-FirstCall/ -- Rowan Companies, Inc. ("Rowan" or the "Company") (NYSE: RDC) will host a conference call on Tuesday, May 4, 2010 at 10:00 a.m. Central Daylight Time to discuss its operating results for the three months ended March 31, 2010, which will be released earlier that morning.  Interested parties can listen to the conference call by telephone or over the Internet.  

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Individuals who wish to participate on the conference call by telephone should dial-in approximately 5 to 10 minutes prior to the scheduled start time, using one of the numbers provided.  

877-869-3847 (U.S. and Canada)

201-689-8261 (International)

Alternatively, to access the online, real-time simulcast and rebroadcast of its first quarter operating results conference call, please visit Rowan's website at www.rowancompanies.com.  You should connect to our website at least 15 minutes prior to the conference call to register, download and install any necessary software.  

Rowan Companies, Inc. is a worldwide provider of contract drilling services utilizing a fleet of 23 offshore jack-up rigs and 29 marketed deep-well land drilling rigs.  The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.  For more information on Rowan, please visit www.rowancompanies.com.

This report contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company.  Among the factors that could cause actual results to differ materially include oil and natural gas prices, the level of offshore expenditures by energy companies, energy demand, the general economy, including inflation, capital markets conditions, weather conditions in the Company's principal operating areas and environmental and other laws and regulations.  Other relevant factors have been disclosed in the Company's filings with the U.S. Securities and Exchange Commission.

SOURCE Rowan Companies, Inc.

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