THE Todco

HOUSTON, Aug. 28 /PRNewswire-FirstCall/ -- TODCO (NYSE:THE) announced today that its senior management will address attendees at the Lehman Brothers CEO Energy/Power Conference in New York, NY. TODCO is scheduled to present on Thursday, September 7, 2006 at 8:45 am CDT. Interested parties may listen to the presentation by accessing our website at http://www.theoffshoredrillingcompany.com/ . A replay of the presentation will be available for three months. TODCO is a leading provider of contract oil and gas drilling services with the largest rig fleet in the shallow water of the U.S. Gulf of Mexico and along the U.S. Gulf Coast. TODCO's common stock is traded on the New York Stock Exchange under the symbol "THE". DATASOURCE: TODCO CONTACT: Dale Wilhelm, Vice President & CFO of TODCO, +1-713-278-6014 Web site: http://www.theoffshoredrillingcompany.com/

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