Pride International Inc.

The Law Offices of Howard G. Smith is investigating whether members of the Board of Directors of Pride International Inc. (NYSE: PDE) breached their fiduciary duties to the Company by either engaging in, or failing to detect Company officials who engaged in, bribing foreign officials in violation of the U.S. Foreign Corrupt Practices Act.

On February 16, 2010, the Company announced that it set aside $56.2 million dollars in anticipation of settling a complaint brought against it by the U.S. SEC and the U.S. Department of Justice for violating the U.S. Foreign Corrupt Practices Act.

The Law Offices of Howard G. Smith believes that the Company is harmed because, among other things, the Company will have to pay penalties for the actions of its wayward Directors and also because the Company may have difficulty securing future business opportunities.

The Law Offices of Howard G. Smith believes that certain members of the Company's Board of Directors acted unfairly towards the Company and seeks to recover money for the Company from those Directors. The lawsuit seeks to benefit shareholders who currently own the stock by increasing their share price when the offending Directors are made to pay damages to the Company. If you currently own stock in Pride International Inc. (NYSE: PDE), please call the Law Offices of Howard G. Smith and speak to Mr. Smith directly regarding how he can help you, or complete the online questionnaire and Mr. Smith will promptly call you.