Pride International, Inc. Stockholders Approve All Proposals At Annual Meeting


HOUSTON, May 17, 2007 (PRIME NEWSWIRE) -- At its annual meeting held today, stockholders of Pride International, Inc. (NYSE:PDE) approved the re-election of David A. B. Brown, Kenneth M. Burke, Archie W. Dunham, Francis S. Kalman, Ralph D. McBride, Louis A. Raspino and David B. Robson to serve on the Company's Board of Directors for a term of one year.

In addition, stockholders approved the Company's 2007 Long-Term Incentive Plan and ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2007.

Pride International, Inc., headquartered in Houston, Texas, is one of the world's largest drilling contractors. The Company provides onshore and offshore drilling and related services in more than 25 countries, operating a diverse fleet of 276 rigs, including two ultra-deepwater drillships, 12 semisubmersible rigs, 28 jackups, 16 tender-assisted, barge and platform rigs, five managed deepwater rigs and 213 land rigs.

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



            

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