HOUSTON, May 19, 2008 (PRIME NEWSWIRE) -- At its annual meeting held today, stockholders of Pride International, Inc. (NYSE:PDE) approved the re-election of David A. Brown, Kenneth M. Burke, Archie W. Dunham, David A. Hager, Francis S. Kalman, Ralph D. McBride, Robert G. Phillips and Louis A. Raspino to serve on the Company's Board of Directors for a term of one year.
In addition, stockholders approved the Amended and Restated 2004 Directors' Stock Incentive Plan and ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2008.
Pride International, Inc., headquartered in Houston, Texas, is one of the world's largest offshore drilling contractors, operating a fleet of 64 rigs, including two deepwater drillships, 12 semisubmersible rigs, 28 jackups, 10 platform rigs, five managed deepwater rigs and seven Eastern Hemisphere-based land rigs. The company also has three ultra-deepwater drillships under construction with expected deliveries in 2010 and 2011.
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