THE Todco

HOUSTON, May 22 /PRNewswire-FirstCall/ -- TODCO (NYSE:THE) (the "Company") announced today that its senior management will address attendees at the UBS Global Oil & Gas Conference in Austin, Texas. TODCO is scheduled to present on Thursday, May 25, 2006 at 8:40 am CDT. Interested parties may listen to the presentation by accessing our website at http://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". DATASOURCE: TODCO CONTACT: Dale Wilhelm, Vice President & CFO of TODCO, +1-713-278-6014 Web site: http://www.theoffshoredrillingcompany.com/

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