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Press release from Business Wire

National Oilwell Varco Declares Regular Quarterly Dividend

Thursday, May 13, 2010

National Oilwell Varco Declares Regular Quarterly Dividend11:13 EDT Thursday, May 13, 2010 HOUSTON (Business Wire) -- National Oilwell Varco, Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.10 per share of common stock, payable on June 25, 2010 to each stockholder of record on June 11, 2010. National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, the provision of oilfield services, and supply chain integration services to the upstream oil and gas industry.