Monday, September 29, 2008

Rowan to Present at Upcoming Investor Conferences

Rowan Companies, Inc. today announced that Danny McNease, Chairman and Chief Executive Officer, is scheduled to present at the following upcoming investor conferences:

* The Merrill Lynch Global Energy Mid and Small Cap Conference in New York City, on Thursday, October 2, 2008, at 2:25 p.m. Eastern Daylight Time.
* The Playmakers Symposium and E&P Summit in Houston, Texas, on Wednesday, October 15, 2008, at 9:00 a.m. Central Daylight Time.

A live audio webcast of the Merrill Lynch Conference presentation can be accessed by visiting Rowan’s Web site at www.rowancompanies.com. You should connect to our website at least 15 minutes prior to the scheduled start of the presentation to register, download and install any necessary audio software. Shortly after the live webcast, an archived version of the webcast will be available for approximately 14 days. A webcast of the Playmakers Symposium and E&P Summit presentation will not be available.

About Rowan

Rowan Companies, Inc. is a major provider of international and domestic contract drilling services with a significant presence in the Middle East. The Company also owns and operates a manufacturing division (LTI) that produces equipment for the drilling, mining and timber industries.

Contact:

Rowan Companies, Inc., Houston
Vice-President – Investor Relations
William C. Provine, 713-960-7575
www.rowancompanies.com

Source: Rowan Companies, Inc.

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