Grant Prideco

Grant Prideco, Inc. (the "Company") is the world's largest manufacturer and supplier of oilfield drill pipe and other drill stem products and one of the leading North American providers of high-performance premium connections and tubular products. We are a global leader in drill bit technology, manufacturing, sales and service. Our common stock is listed and traded on the New York Stock Exchange (NYSE) under the symbol " GRP". Our Drilling Products and Services division manufactures and sells a full range of proprietary and American Petroleum Institute (API) drill pipe, drill collars, heavy weight drill pipe, and accessories. Our Tubular Technology and Services division designs, manufactures, and sells a complete line of premium connections and associated premium tubular products and accessories. Our ReedHycalog® division is a leading manufacturer and supplier of drill bits and related applications technology. These bits reduce drilling costs and risks through the use of advanced materials, designs, engineering and software. Our customers include major, independent and state-owned oil companies, drilling contractors, oilfield service companies, and North American oil country tubular goods (OCTG) distributors. We operate 22 manufacturing facilities located in the United States, Mexico, Canada, Europe, and Asia. We sell and service our products through facilities located around the world.