Press Release

HOUSTON, Sept. 10, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that David L. Roland has been appointed Senior Vice President, General Counsel and Secretary, effective immediately.

Mr. Roland joins Diamond Offshore with over 20 years of corporate legal experience in the energy industry, including the last ten years as Senior Vice President, General Counsel and Corporate Secretary at ION Geophysical Corporation, an NYSE-listed geophysical company. Prior to joining ION in 2004, Mr. Roland worked for seven years as a corporate and securities lawyer with a major law firm and ten years as a corporate lawyer with international energy and oilfield services companies.

Mr. Roland holds a Bachelor of Business Administration degree from the University of Houston and a Juris Doctorate degree with Distinction from St. Mary's University.

ABOUT DIAMOND OFFSHORE

Diamond Offshore is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 44 offshore drilling rigs, including five rigs under construction.  Diamond Offshore's fleet consists of 33 semisubmersibles, two of which are under construction, five dynamically positioned drillships, three of which are under construction, and six jack-ups. Additional information about the Company and access to the Company's SEC filings are available at www.diamondoffshore.com. Diamond Offshore is owned 51% by Loews Corporation (NYSE: L).

Contact:
Darren Daugherty
Director, Investor Relations
(281) 492-5370

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SOURCE Diamond Offshore Drilling, Inc.