HOUSTON, July 28 /EMWNews/ -- Cameron (NYSE: CAM) has

entered into a frame agreement for the supply of subsea production systems,

including wellheads, trees, control systems, manifolds and chokes to a

major development program offshore west Africa. The order for the first

phase of development under the agreement is worth approximately $800

million and includes 40 subsea trees and related equipment. Deliveries are

scheduled to begin in the second half of 2009.



    Cameron will expand its existing infrastructure in Angola to provide

local machining and assembly operations in support of Cameron's commitment

to local content for these developments.



    Cameron (NYSE: CAM) is a leading provider of flow equipment products,

systems and services to worldwide oil, gas and process industries.



    Website: http://www.c-a-m.com



    In addition to the historical data contained herein, this document

includes forward-looking statements regarding future revenues of the

Company resulting from this contract made in reliance upon the safe harbor

provisions of the Private Securities Litigation Reform Act of 1995. The

Company's actual results may differ from those described in forward-looking

statements. These statements are based on current expectations of the

Company's performance and are subject to a variety of factors, some of

which are not under the control of the Company. Such factors include the

timing and amount of the related orders and the Company's ability to

successfully manufacture and deliver the subsea systems ordered.



    Because the information herein is based solely on data currently

available, it is subject to change as a result of changes in conditions

over which the Company has no control or influence, and should not

therefore be viewed as assurance regarding the Company's future

performance. Additionally, the Company is not obligated to make public

indication of such changes unless required under applicable disclosure

rules and regulations.