Smith International, Inc. Announces Earnings Release and Conference Call Information

HOUSTON--(Business Wire)--
Smith International, Inc. (NYSE:SII) announced that it plans to release
financial results for the period ended June 30, 2009 on Tuesday, July 28, 2009
prior to the opening of the New York Stock Exchange. The press release will be
followed by a conference call at 10:00 a.m. Central Time, which is open to the
public. The conference call will include a discussion of the quarterly results
and a brief question and answer session. John Yearwood, Smith`s Chief Executive
Officer, will host the call and will be joined by Margaret Dorman, Chief
Financial Officer, and Chris Rivers, President of M-I SWACO.

Participants may join the conference call, which is open to the public, by
dialing (800) 233-1182 and requesting the Smith International, Inc. call hosted
by John Yearwood. A replay of the conference call will also be available through
Tuesday, August 4, 2009 by dialing (888) 843-8996 and entering conference call
identification number "24933950". A live broadcast of the conference call will
be available on the Internet with an archived version accessible after the call.
Further information on the broadcast can be found on Smith`s website at
http://www.smith.com/conferencecall.

Smith International, Inc. is a leading supplier of premium products and services
to the oil and gas exploration and production industry. The Company employs
approximately 22,000 full-time personnel and operates in over 80 countries
around the world.

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

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