Diamond Offshore Declares Cash Dividend of $0.125 Per Share

Diamond Offshore Drilling, Inc. announced Monday that its board of directors has declared a quarterly cash dividend of $0.125 per share of common stock, payable on September 1, 2006 to shareholders of record on August 3, 2006.

Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling.

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