Dresser-Rand to Participate in Lehman Brothers CEO Energy/Power Conference

A Lehman Brothers CEO Energy/Power Conference will be held this September. Dresser-Rand will make a presentation on September 6, 2007. Vincent R. Volpe, Jr., President and Chief Executive Officer will also participate in the conference.

The Company’s presentation will be aired live over the Internet. A replay audio webcast will also be available. The audio of the conference session and presentation slides will be accessible through a link on Dresser- Rand’s official website, located at www.dresser-rand.com, and is scheduled to start at 7:45 a.m. Eastern Time.

For more than a century, Dresser-Rand has been among the largest global suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. The Company also designs, manufactures and supplies a wide range of technologically advanced and field-proven centrifugal and reciprocating compressors, steam turbines, expanders, gas turbine packages, multiphase turbine separators, portable ventilators, control systems and aftermarket parts. Dresser-Rand is positioned to deliver a complete package of solutions, from initial concept to equipment retirement for the worldwide oil and gas, chemical, petrochemical, and process industries.

Dresser-Rand succeeds to meet these expectations by adding superior value in every phase of its business – from project development to life cycle support – through advanced technology, experienced workforce, and unsurpassed expertise in manufacturing. Because of innovative ways of the Company, leaders in the energy industry expect Dresser-Rand to meet their compression and other energy conversion needs with timely, cost-effective solutions.

The Company operates manufacturing facilities in the United States, France, Germany, Norway, and India and maintains a network of 26 service and support centers covering 140 countries.

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