Smith International, Inc. Announces Appointment of Mr. Luis Rodolfo Landim Machado...

Mon Jul 21, 2008 4:48pm EDT

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Smith International, Inc. Announces Appointment of Mr. Luis Rodolfo Landim Machado to Board of Directors

HOUSTON--(Business Wire)--
Smith International, Inc. (NYSE:SII) announced today that Mr. Luiz
Rodolfo Landim Machado has been appointed to the Company's Board of
Directors. He is a Class II director and will be eligible for election
at the Annual Meeting of Stockholders in 2009.

   Mr. Landim, 51, currently serves as a member of the Board and the
Executive President of OGX Petroleo e Gas S.A., an oil and gas company
focused on exploration of the Brazilian offshore basins. From May 2006
until April 2008, he served as a member of the Board, the Executive
President and the head of Investor Relations of MMX - Mineracao e
Metalicos S.A., a Brazilian mining company from the same group as OGX.
Since May 2006, he has served as a member of the Board of four
subsidiaries in the same group: OGX, MMX, LLX Logistica S.A. and MPX
Energia S.A. Prior to joining MMX, Mr. Landim served in various
positions at Petroleo Brasileiro S.A. (Petrobras) from 1980 until
April 2006, including General Manager of Exploration and Production of
Campos Basin which is responsible for 85% of current Brazilian oil
production, Managing Director of E&P, President of the gas business,
and Chief Executive Officer of BR Distribuidora, a subsidiary of
Petrobras and the second largest Brazilian company. This was his last
position before departing Petrobras. In addition, Mr. Landim has
served on the Board of Globex Utilidades S.A., the parent company of
Ponto Frio, a Brazilian retail chain, since September 2006.

   Doug Rock, Chairman and CEO of Smith International, Inc. said,
"I'm excited about the contribution Mr. Landim will make to Smith
International. His distinguished career at Petrobras, along with his
current leadership of OGX Petroleo e Gas S.A. give Mr. Landim a
thorough understanding of Smith's business from our customer's view.
Our shareholders will be well represented by Mr. Landim."

   Smith International, Inc. is a leading worldwide supplier of
premium products and services to the oil and gas exploration and
production industry through its four principal business units - M-I
SWACO, Smith Technologies, Smith Services and Wilson.

Smith International, Inc., Houston
Chief Financial Officer
Margaret K. Dorman, 281-443-3370

Copyright Business Wire 2008

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