Varco Elects Greg L. Armstrong to Board of Directors

Varco International announced that Greg L. Armstrong has been elected by its shareholders to its board of directors. Mr. Armstrong is CEO and Chairman of the Board of Plains All American Pipeline, L.P., (NYSE:PPA) a major petroleum pipeline and storage operator across North America. He holds a B.S. in accounting and management from Southeastern Oklahoma State University and is a CPA. He is a member of the Board of Directors of the Petroleum Club of Houston and the IPAA Texas Southeast Regional Board of Trustees.

John L. Lauletta, Chairman and CEO of Varco, said, "Greg's background and experience will add a new dimension to our board. We are delighted to have Greg on our team."

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