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 12, 2010 to stockholders of record on June 11, 2010.

Smith International, Inc. is a leading supplier of premium products and services to the oil and gas exploration and production industry. The Company employs over 22,000 full-time personnel and operates in over 80 countries around the world.

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