McDermott International Inc.

Brandon C. Bethards is Chief Executive Officer of The Babcock & Wilcox Company (B&W), headquartered in Lynchburg, Va. Mr. Bethards assumed this position in November 2008. B&W is a global energy company that focuses primarily on fossil and nuclear technologies development, management, operations, and technical services. With locations around the world, B&W has projected revenues of $3 billion and employs over 20,000 people. Prior to his appointment as CEO, Mr. Bethards was president and chief operating officer of the Babcock & Wilcox Power Generation Group, Inc., a major operating unit of B&W. In this role, he was responsible for all of the company's worldwide fossil power-related operations, divisions and subsidiaries. Previously, Mr. Bethards was president and chief operating officer of The Babcock & Wilcox Company's Fossil Power Group. He also has served as senior vice president and general manager of the company's Fossil Power Division, directing the worldwide operations of the company's boiler business, environmental products and services, international service projects, Asian ventures and global product licensing. Mr. Bethards joined the company as a field service engineer. Following a series of increasingly more responsible positions, he was named district engineer in 1980. Three years later, he was named general manager Industrial Power Generation, Sales and Service, Southwest region. From 1987 to 1992, he served as general manager, Sales and Service, Power Generation Group, South region, until he left B&W to become president and chief operating officer, Kvaerner Pulping Inc., and president and chairman of the board, Kvaerner Pulping Ltd. He rejoined B&W in 1996 as vice president of business development, focusing on strategic planning, mergers, acquisitions and alliances, and serving as executive sponsor for B&W's global pulp and paper activities. He was subsequently named vice president and general manager, Global Sales and Service, where he managed B&W's worldwide sales and field service activities. A native of Dieterich, Ill., Mr. Bethards graduated from the University of Illinois with a bachelor of science degree in industrial engineering. In 1989, he completed the Executive Development Program at Northeastern University's College of Business Administration in Boston, MA. Mr. Bethards is a registered Professional Engineer in Texas.

Francis S. Kalman was appointed to the Board of Directors upon the recommendation of Pride's Nominating and Corporate Governance Committee. Mr. Kalman was also appointed to the Company's Audit Committee. Mr. Kalman has been Executive Vice President and Chief Financial Officer of McDermott International, Inc. since February 2002 and has held other senior executive positions over the past decade.

Steve Sheen, Vice President, has over thirty years of human resources experience, principally in the mining industry. He is married with five children. His recreational interests include reading and hobby electronics. An Associate Fellow of the Australian Human Resources Institute, his professional interests include the design of expatriate salary and benefits systems.

From April 1995 until his retirement in April 2003, Mr. McWilliams was Senior Vice President and Chief Financial Officer of Cooper Industries Ltd., a worldwide manufacturer of electrical products, tools and hardware. He was Vice President of Cooper Industries from 1982 until April 1995.

Until his retirement in October 2006, Mr. Bookout was a director of McKinsey & Company (a global management consulting firm) since 1983. He worked with McKinsey since 1978, most recently as Leader of its Global Industry Practices from 2000 to 2005. He also serves as a director of Tesoro Corporation.

Until his retirement in November 2004, Mr. Kingsley served as President and Chief Operating Officer of Exelon Corporation (an integrated utility company) from May 2003, Senior Executive Vice President from February 2002 and President and Chief Nuclear Officer from October 2000. Mr. Kingsley also served as President and Chief Executive Officer of Exelon’s subsidiary, Exelon Generation, from February 2000 to November 2004 and as President and Chief Nuclear Officer of Unicom Corporation (an integrated electric utility company) from November 1997 to October 2000.

Admiral Richard W. Mies Independent Director Member of the Generation Oversight Committee Admiral Mies is President and Chief Executive Officer of The Mies Group, Ltd., a consulting firm. Admiral Mies retired from the United States Navy in 2002 following 35 years of service. A nuclear submariner, Admiral Mies commanded United States Strategic Command for four years prior to retirement. Following his military service, Admiral Mies served as a Senior Vice President of Science Applications International Corporation and as President and Chief Executive Officer of its wholly-owned subsidiary, Hicks and Associates until September 2007. Admiral Mies is also a director of McDermott International, Inc., Mutual of Omaha and a member of the Board of Governors of Los Alamos and Lawrence Livermore Laboratories.

Until his retirement in March 1995, Mr. Howard was Vice President of Domestic Operations, Exploration and Production of Shell Oil Company, and President of Shell Western Exploration and Production Inc. from 1992, and President of Shell Offshore, Inc. from 1985. He is also a director of Devon Energy Corporation and serves as lead director for Southwestern Energy Company.

Since October 2002, Mr. Goldman has served as an independent financial consultant. Previously, Mr. Goldman worked for Conoco Inc. (an international, integrated energy company and predecessor to ConocoPhillips) from 1988 to 2002, most recently as Senior Vice President, Finance and Chief Financial Officer from 1998 to 2002. He is currently the Vice President, Finance of the World Petroleum Council and also serves as a director of El Paso Corporation, Parker Drilling Company and Tesoro Corporation.

Since May 2005, Mr. Brown has been Vice President, Strategic Initiatives of Smith International, Inc. (a supplier of goods and services to the oil and gas exploration and production industry, the petrochemical industry and other industrial markets). Mr. Brown served as President of Smith Technologies (a business unit of Smith International, Inc.) from July 1998 to May 2005.

Until his retirement in November 2004, Mr. Schievelbein was President of Northrop Grumman Newport News, a subsidiary of the Northrop Grumman Corporation, a global defense company, from November 2001. From October 1995 to October 2001, he served as Executive Vice President and Chief Operating Officer of Newport News Shipbuilding, Inc.