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Diamond Offshore Drilling Inc. to Provide Webcast of Presentation at Credit Suisse First Boston Energy Summit

HOUSTON--(BUSINESS WIRE)--Jan. 25, 2005--Diamond Offshore Drilling Inc. (NYSE:DO) today announced that Larry Dickerson, president and chief operating officer, will make a presentation discussing the Company's current activities and outlook at the Credit Suisse First Boston Energy Summit in Vail, Colo., on Thursday, Feb. 3, 2005. Interested parties may listen to the live presentation over the Internet at www.diamondoffshore.com beginning at 8:15 a.m. Mountain Standard Time (10:15 a.m. EST).

To access the presentation from the Diamond Offshore home page, click on Investor Relations, then Presentations for the link to the live webcast. An online replay will be available until the end of the first calendar quarter following the conference. Please go to the Web site at least 10 minutes before the broadcast to register, download and install any necessary software.

Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deep water drilling. The Company's fleet of 45 offshore drilling rigs consists of 30 semisubmersibles, 14 jack-ups and one drillship. Additional information on Diamond Offshore Drilling Inc. and access to the Company's SEC filings is available on the Internet at www.diamondoffshore.com.

CONTACT: Diamond Offshore Drilling Inc., Houston
Les Van Dyke, 281-492-5370

SOURCE: Diamond Offshore Drilling Inc.