Pride International, Inc. Provides Fleet Contract Status Update

HOUSTON, TX, Oct 05 (MARKET WIRE) --
Pride International, Inc. (NYSE: PDE) today announced that its report of
drilling rig status and contract information covering the company's fleet
of offshore drilling rigs and its three drilling management projects has
been updated as of October 1, 2009. The updated report, titled "Monthly
Fleet Update," is available through the company's website at
www.prideinternational.com and can be accessed at the Investor Relations
link.

Pride International, Inc., headquartered in Houston, Texas, operates a
fleet of 24 rigs, including two deepwater drillships, 12 semisubmersible
rigs, seven independent leg jackups, and three managed deepwater rigs. The
company also has four ultra-deepwater drillships under construction.

Statements regarding the estimated duration of client contracts, contract
dayrate amounts, future contract commencement dates and locations, planned
shipyard projects, other out of service time, expected shipyard
deliveries, as well as any other statements that are not historical facts
in the report are forward-looking statements within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934. These
forward-looking statements are subject to certain risks, uncertainties
and assumptions identified above or as disclosed from time to time in the
company's filings with the Securities and Exchange Commission. As a
result of these factors, actual results may differ materially from those
indicated or implied by such forward-looking statements.

Analyst Contact:
Jeffrey L. Chastain
(713) 917-2020

Media Contact:
Kate Perez
(713) 917-2343

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