Smith International, Inc. (NYSE: SII) announced that its Board of
Directors has approved a quarterly cash dividend in the amount of $0.12
per share. The dividend is payable July 13, 2009 to stockholders of
record on June 12, 2009.
Smith International, Inc. is one of the largest global providers of
products and services used by operators during the drilling, completion
and production phases of oil and natural gas development activities. The
Company employs approximately 24,000 full-time personnel and operates in
over 80 countries around the world.

Smith International, Inc.
Chief Financial Officer
Margaret K.
Dorman, 281-443-3370