Grant Prideco Names Gordon Hall to Board

Grant Prideco says that Gordon T. Hall has been elected to serve on the Board of Directors. Mr. Hall also will serve on the Company's Nominating and Corporate Governance Committee.

Mr. Hall, 48, currently serves as Chairman of the Board of Exterran Holdings, Inc. and has previously served as Chairman of the Board of Hanover Compressor Company and as a director of Hydril Company until their respective mergers earlier in 2007. Mr. Hall was a Managing Director at Credit Suisse First Boston. While at Credit Suisse First Boston, Mr. Hall served as Senior Oil Field Services Analyst and Co-Head of the Global Energy Group. Prior to joining First Boston Corporation, Mr. Hall was an engineer with Raytheon Corporation. Mr. Hall is also involved in various capacities with several non-profit organizations.

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