McDermott International, Inc. (NYSE:MDR) ("McDermott" or the "Company") will host a meeting with the financial community in New York City on May 31, 2006. Presentations will be given by McDermott's executive management, including the Presidents of the Company's three business units: Power Generation Systems, Marine Construction Services and Government Operations. -0- *T What: McDermott Financial Community Meeting Date: May 31, 2006 Time (ET): 9:00 a.m. - Registration and breakfast 9:30 a.m. - Presentations begin Noon - End with lunch provided Location: Grand Hyatt New York Hotel (Park Avenue at Grand Central Terminal) *T Analysts and investors desiring to attend, who have yet to RSVP, may still do so by contacting McDermott's investor relations department at 281-870-5011. Additionally, the Company announced that its Chief Financial Officer, Frank Kalman, will present at Credit Suisse's 2006 Environmental and Engineering Services Conference on June 1, 2006 at 3:05 p.m. eastern time. Both of these events will be available publicly on McDermott's website, www.mcdermott.com, in the investor relations section. The company invites investors and other interested individuals to listen to either the live or replay version of these events. McDermott is a leading worldwide energy services company. McDermott's subsidiaries provide engineering, construction, installation, procurement, research, manufacturing, environmental systems, project management and facilities management services to a variety of customers in the power and energy industry, including the U.S. Department of Energy.
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