Rowan to Present at Howard Weil Energy Conference

Rowan Companies, Inc. (NYSE:RDC) announced today that Chairman and Chief Executive Officer Danny McNease will present at the 36th Annual Howard Weil Energy Conference that is to be held at the Sheraton Hotel, in New Orleans, Louisiana on Wednesday, April 9, 2008 at 8:00 a.m. Central Time.

A copy of the presentation slides will be available for viewing using the Investor Relations link at Rowan’s website, www.rowancompanies.com. The presentation will not be webcast.

About Rowan

Rowan Companies, Inc. is a major provider of international and domestic contract drilling services with a significant presence in the Middle East. The Company also owns and operates a manufacturing division (LTI) that produces equipment for the drilling, mining and timber industries.

This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company. Among the factors that could cause actual results to differ materially include oil and natural gas prices, the level of offshore expenditures by energy companies, energy demand, the general economy, including inflation, weather conditions in the Company’s principal operating areas and environmental and other laws and regulations. Other relevant factors have been disclosed in the Company’s filings with the U.S. Securities and Exchange Commission.