Nabors Industries Announces Third Quarter Earnings Conference Call Notification

Nabors Industries Ltd. (NYSE:NBR) invites you to join us Wednesday, October 25, 2006 at 10:00 a.m. CT for a discussion of operating results for the third quarter 2006. Nabors will release earnings after the market closes on October 24, 2006. Date: October 25, 2006 Time: 10:00 a.m. CT (11:00 a.m. ET) Dial-in-number: Domestic: 888-868-9083 International: 973-935-8512 Please call ten minutes ahead of time to ensure proper connection and ask for the Nabors Industries Conference Call. The conference call will be recorded and available for replay for one week, beginning at 12:00 p.m. CT on October 25, 2006. To hear the recording, please call 877-519-4471 domestically or 973-341-3080 internationally and enter access code 7941694. We will also have a live webcast of the conference call available on our website at www.nabors.com. Click on "Investor Information” and then click on "Events Calendar”. Should you have any questions, please call Tina Perry with Nabors at 281-775-8063.