TODCO to Present at Goldman Sachs Global Energy Conference

    Business Editors/Energy Editors
    Goldman Sachs Global Energy Conference

    HOUSTON--(BUSINESS WIRE)--Jan. 7, 2005--TODCO (the "Company") (NYSE:THE) announced today that Jan Rask, its president and chief executive officer, will address attendees at the Goldman Sachs Global Energy Conference in New York, NY. TODCO is scheduled to present on Tuesday, Jan. 11, 2005 at 2:00 p.m. EST.
    Interested parties may view the presentation on TODCO's Web site at www.theoffshoredrillingcompany.com.
    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." For more information about TODCO, please go to the company's Web site at www.theoffshoredrillingcompany.com.

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CONTACT: TODCO, Houston T. Scott O'Keefe, 713-278-6010

KEYWORD: TEXAS NEW YORK TRACK INDUSTRY KEYWORD: OIL/GAS ENERGY TRADESHOW SOURCE: TODCO

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