EVI Weatherford Confirms Proposed Sale of Shares by Hydril Company

06 Jul 1998

Houston, July 06, 1998

EVI Weatherford (NYSE:EVI) today advised the New York Stock Exchange, Inc. with respect to a request for information regarding today's market activity in the EVI Common Stock that Hydril Company was in the process of selling approximately 410,000 shares of EVI Common Stock held by it pursuant to a shelf registration statement previously filed by EVI on behalf of Hydril.

EVI Weatherford is an international provider of engineered products and specialized services to the drilling, completion and production sectors of the oil and gas industry.

James G. Kiley (713) 297-8440

Weatherford International, Inc.
515 Post Oak Blvd, Suite 600
Houston, Texas 77027