McDermott International, Inc. (NYSE: MDR) (“McDermott” or the “Company”) will host a half-day meeting with the financial community in New York City on June 2, 2010. Management participating in the day’s presentations will include John Fees, Chief Executive Officer of McDermott; Steve Johnson, Chief Executive Officer of J. Ray McDermott, S.A.; and Brandon Bethards, Chief Executive Officer of The Babcock & Wilcox Company, as well as other senior level management.

            What:     McDermott Analyst Day   Date: June 2, 2010   Time (ET): 8:00 a.m. – Registration begins / light breakfast available 9:00 a.m.* – Presentations begin with McDermott 9:30 a.m.* – Presentation by J. Ray McDermott, S.A. 10:30 a.m.* – Presentation by The Babcock & Wilcox Company 11:30 a.m.* – Questions from Audience Noon – Lunch available   * Approximate start times   Location: Grand Hyatt New York Hotel (Park Avenueat Grand Central Terminal)  

Analysts and investors desiring to attend, who have yet to RSVP, may still do so by contacting McDermott’s investor relations department by e-mail at mdrinvestorrelations@mcdermott.com.

Additionally, the Company announced that Mike Taff, Chief Financial Officer of McDermott, will present at Credit Suisse’s 2010 Engineering & Construction Services Conference on June 3, 2010 at 8:20 a.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 an engineering and construction company, with specialty manufacturing and service capabilities, focused on energy infrastructure. McDermott’s customers are predominantly utilities and other power generators, major and national oil companies, and the United States Government. With its global operations, McDermott operates in over 20 countries with more than 25,000 employees.

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