Smith International, Inc. (NYSE: SII) announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share. The dividend is payable July 13, 2009 to stockholders of record on June 12, 2009.

Smith International, Inc. is one of the largest global providers of products and services used by operators during the drilling, completion and production phases of oil and natural gas development activities. The Company employs approximately 24,000 full-time personnel and operates in over 80 countries around the world.

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