News Archive 1997

Date	Title
September-16-1997	Smith International, Inc. Completes $150 Million Notes Offering
October-16-1997	M-I Drilling Fluids Acquires Fleming Oilfield Services, LTD.
October-14-1997	Smith International, Inc. Reports 64 Percent Increase In Third Quarter Earnings
March-24-1997	M-I Drilling Fluids Aquires Summit Drilling Fluids
June-13-1997	Smith International, Inc. Acquires Tipsa S.A.
July-28-1997	Smith International, Inc Acquires the Assets of Faster Oilfield Services Inc.
July-14-1997	Smith International, Inc. Reports 60 Percent Increase In Second Quarter Earnings
February-3-1997	Smith International, Inc. Reports 54 Percent Increase in Quarterly Earnings
December-8-1997	Smith International, Inc. Acquires Chem-Tech, Inc.
August-4-1997	M-I Drilling Fluids L.L.C. Acquires Mineral Reserve in Nevada
April-30-1997	M-I Drilling Fluids Acquires Branath Oilfield Services, Inc.
April-28-1997	John J. Kennedy Named Senior Vice President and Chief Financial Officer Of Smith International, Inc.
April-17-1997	Smith International, Inc Completed the Acquisition of Tri-Tech Fishing Services
April-16-1997	Smith International, Inc. Reports First Quarter Earnings