Weatherford Announces Conference Call

02 Jan 2003

HOUSTON, Jan. 2 /PRNewswire-FirstCall/ -- Weatherford International Ltd. (NYSE: WFT) today announced that it has scheduled a conference call on Tuesday, February 04, 2003 at 9:30 a.m. eastern, 8:30 a.m. central. The purpose of the conference call is to discuss results for the company's fourth quarter ended December 31, 2002. The call will be open to the public.

To access the call please contact the conference call operator at 630-395-0021 approximately 10 minutes prior to the scheduled start time, and ask for the Weatherford Conference Call. A replay will be available until 5:00 p.m. central, February 11, 2003. The number for the replay is 402-220-5353.

An enhanced webcast of the conference call and replay will be provided by CCBN and will be available through Weatherford's web site at http://www.weatherford.com . To access the conference call and replay, click on the Investor Relations Link under Corporate and then click on the Enhanced Audio Webcast link. (The webcast requires Microsoft(R) Windows Media Player. If you experience problems listening to the broadcast, send an email to streetevents@streetevents.com .)

Weatherford is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry. Weatherford operates in over 100 countries and employs approximately 15,000 people worldwide.

Contact: Don Galletly (713) 693-4148

SOURCE Weatherford International Ltd.

-0- 01/02/2003

/CONTACT: Don Galletly of Weatherford International Ltd., +1-713-693-4148/

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