Dresser-Rand Group Inc., a global supplier of rotating equipment and aftermarket parts and services, commented upon the recent announcement that Rolls-Royce signed an agreement to sell its Energy gas turbine and compressor business to Siemens. Dresser-Rand has worked closely with Rolls-Royce Energy for well over 30 years and has been very successful in supplying compressors for the upstream and midstream market applications. In the last few years, Dresser-Rand has also succeeded in penetrating the Liquefied Natural Gas (LNG) / Floating LNG (FLNG) market.

Vincent R. Volpe Jr., President and Chief Executive Officer of Dresser-Rand, said, "We are pleased to report that we have been contacted by Rolls-Royce senior management and have been assured that both Rolls-Royce and Siemens are committed to supporting their clients and that Dresser-Rand will continue to have access to the Rolls-Royce aero-derivative gas turbines." He added, "Dresser-Rand and Rolls-Royce have a long history of working together around the world. For example, all the mechanical drive applications for Rolls-Royce largest aero-derivative gas turbine, the Trent ™, are currently driving Dresser-Rand DATUM® compressors. Further, Dresser-Rand has recently been successful in being selected for two large FLNG projects using the Trent gas turbine as a driver for our DATUM® liquefaction compressors, demonstrating the value that Dresser-Rand brings to our clients in oil and gas markets.

"We believe this assurance preserves Dresser-Rand's unique position because the Company will continue to provide a choice of gas turbine drivers to our clients to meet their specific compression requirements."

Trent is a registered trademark of Rolls-Royce plc Corporation.

About Dresser-Rand

Dresser-Rand (NYSE: DRC) is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. The Company operates manufacturing facilities in the United States, France, United Kingdom, Spain, Germany, Norway, India, and Brazil, and maintains a network of 49 service and support centers (including 6 engineering and R&D centers) covering more than 150 countries.