Diamond Offshore Drilling, Inc. Reports Incident on Ocean Guardian

Diamond Offshore Drilling, Inc. (NYSE:DO) today reported that the semi-submersible rig Ocean Guardian, operating in the U.K. sector of the North Sea, experienced a fire in its engine room at 18:20 U.K. time today. The rigs fire suppression system was activated and the fire was extinguished. All personnel have been accounted for and there were no injuries. The well remained under control throughout the incident and is secure. A damage assessment is underway. Appropriate authorities have been notified.

Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling. Additional information on Diamond Offshore Drilling, Inc. and access to the Companys SEC filings is available on the Internet at www.diamondoffshore.com.

Contacts:

Diamond Offshore Drilling, Inc., Houston
Les Van Dyke, 281-492-5370
Director, Investor Relations

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