Trading Symbol: "TESOF" on NASDAQ "TEO" on TSX CALGARY, Aug. 29 /PRNewswire-FirstCall/ -- Tesco Corporation announced today that Julio M. Quintana, President and Chief Executive Officer, will present at the Lehman Brothers CEO Energy/Power Conference in New York. Tesco Corporation is scheduled to address the conference at 3:45pm Eastern Time on Thursday, September 7, 2006. Tesco Corporation invites investors and those interested to listen to a live webcast of its presentation over the Internet by accessing the Investor Relations link to the webcast at http://www.tescocorp.com/. For your convenience, a copy of the presentation slides will be publicly available through the Company's website. Tesco Corporation is a global leader in the design, manufacture and service of technology based solutions for the upstream energy industry. The Corporation's mandate is to change the way people drill wells by delivering safer and more efficient solutions that add real value by reducing the costs of drilling for and producing oil and gas. FORWARD-LOOKING STATEMENTS This presentation contains statements that may constitute "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. These statements include, among others, statements regarding expectations of future revenues, activities, capital expenditures and earnings and technical results. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ from those anticipated. These risks include, but are not limited to: the background risks of the drilling services industry (e.g. operational risks; potential delays or changes in plans with respect to customers' exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to levels of rental activities; uncertainty of estimates and projections of costs and expenses; risks in conducting foreign operations (e.g. political and fiscal instability) and exchange rate fluctuations); uncertainty and risks in technical results and performance of technology; and other uncertainties. DATASOURCE: Tesco Corporation CONTACT: please contact: Mike Kearney at (713) 849-5900, Tesco Corporation

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