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Diamond Offshore Drilling, Inc. Declares Special Cash Dividend of $1.25 Per Share

Business Wire,  Feb 7, 2008  

Also Declares Regular Cash Dividend of $0.125 Per Share

HOUSTON -- Diamond Offshore Drilling, Inc. (NYSE:DO) announced today that its Board of Directors has declared a special cash dividend of $1.25 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock. Both dividends are payable on March 3, 2008 to shareholders of record on February 18, 2008.

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Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling. Additional information on Diamond Offshore Drilling, Inc. and access to the Company's SEC filings is available on the Internet at www.diamondoffshore.com.

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