Pride Appoints New VP & CFO for Mat-Supported Jackup Business

Pride International announced that Steven A. Manz has been appointed to the position of Vice President and Chief Financial Officer of Pride's mat-supported jackup rig business and will join the company immediately. The decision follows the appointment in September 2008 of Randall D. Stilley to the role of Chief Executive Officer of the business.

Manz was most recently a Director of Research for the investment bank Simmons & Company International until August 2008. From January 2005 to September 2007, he was with Hercules Offshore, Inc. where he last served as Senior Vice President of Corporate Development and Planning, and had previously held the position of Chief Financial Officer of the company.

From May 1995 to January 2005, Manz was with Noble Corporation where he served in a variety of management roles including Managing Director, Noble Technology Services Division, Vice President of Strategic Planning, and Director of Accounting and Investor Relations.

Manz holds a Bachelors of Business Administration degree in Finance from the University of Texas at Austin.

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