Cameron Elects Michael McShane to Board

Cameron has elected Michael McShane to the Company's Board of Directors.

McShane, 53, has been president and CEO of Grant Prideco Inc. since June 2002 and became chairman of the board in May 2003. Previously, McShane was with BJ Services Company, where he served as senior vice president of finance and CFO and a director from 1998 to 2002, and as vice president of finance and CFO and a director from 1990 to 1998. He was employed with Reed Tool Company in various financial management positions from 1980 to 1987. McShane is also a director of Complete Energy Services Inc. His election increases the size of Cameron's board to nine members.

Cameron Chairman and CEO Sheldon R. Erikson said that McShane will stand for reelection by the stockholders at the Company's annual meeting in May.

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