Nabors Cancels September 28, 2005 Analyst Meeting

The Nabors companies own and operate almost 600 land drilling andapproximately 875 land workover and well-servicing rigs worldwide.Offshore, Nabors operates 43 platform rigs, 19 jack-up units and threebarge rigs in the United States and multiple international markets.Nabors markets 28 marine transportation and supply vessels, primarilyin the U.S. Gulf of Mexico. In addition, Nabors manufactures topdrives and drilling instrumentation systems and provides comprehensiveoilfield hauling, engineering, civil construction, logistics andfacilities maintenance, and project management services. Naborsparticipates in most of the significant oil, gas and geothermalmarkets in the world.

For further information, please contact Dennis A. Smith, Directorof Corporate Development of Nabors Corporate Services, Inc. at281-775-8038.