Health, Safety & Environmental Policy Rowan Companies, Inc.

Rowan Companies Inc. and its subsidiaries, Rowan Drilling (“RDC”) and LeTourneau Technologies (“LTI”)are committed to achieving an injury free work environment and to maintaining the highest Health, Safety and Environmental (HSE) standards in the industry.  We strive to have continuous improvement in our HSE performance through the active involvement of our management, employees and third parties.  

The Health, Safety and Environmental Affairs Department is responsible for the development of procedures and training programs that support this policy.  We have established HSE systems to clearly assign responsibility and delegate authority to achieve the following objectives:

Health

Rowan and LTI believe it is good practice to provide positive, preventive health programs designed to enhance employees well being, fitness for work, productivity and personal safety. Our programs and protective measures are intended to mitigate or eliminate work related health risks that could potentially affect our employees and third parties.

Safety

Rowan and LTI are dedicated to ensuring that each employee understands, and works in accordance with the company’s safe work procedures and programs.  We provide opportunities for all employees to discuss matters of their safety and give them training and an effective means of communication and feedback.  All Rowan and LTI employees and contractors have both the authority and the obligation to stop work if they don’t understand what they are supposed to be doing or if there is risk to any person or the environment.

Environmental

Rowan and LTI are committed to a clean, healthy environment. We provide our customers with safe, reliable and responsive services in an environmentally sensitive manner. We comply with the environmental laws and regulations of the countries in which we operate and act responsibly in the absence of such laws and regulations.  We train and educate our employees to be environmentally responsible both on the job and at home, work to prevent pollution and reduce the amount of waste at our facilities, and participate in industry, government and community organizations to further common environmental objectives.

January 1, 2010