Hydril Appoints Chris D. North as CFO

The Board of Directors of Hydril appointed Chris D. North as Chief Financial Officer, effective immediately.

Mr. North has served as acting chief financial officer since March 2004 in addition to his job as Controller, a position he has held for the last seven years of his twenty-four year tenure with the Company. He holds a B.A. in accounting from the University of Iowa and an MBA from Houston Baptist University.

Richard C. Seaver, Hydril's Chairman, said, "Following an extensive review of internal as well as external candidates, Mr. North is the best choice for the position. His financial acumen will serve the shareholders well in ensuring the company's financial health remains among the best in the oil service sector of the oil and gas industry. We look forward to utilizing his talents in the CFO role."