Rowan Companies 8-K Other Events

EXHIBIT 99

ROWAN COMPANIES, INC.

OFFSHORE RIG UTILIZATION

FEBRUARY 2005

	Units *		Utilization
Gorilla Jack-ups:
Gulf of Mexico		5		100	%
North Sea		2		100	%
Total		7		100	%
Other Jack-ups:
Gulf of Mexico		17		99	%
Semi-submersible:
Gulf of Mexico		1		100	%
Total		25		99	%

* Number of units at February 28, 2005

Note: Only revenue-producing days are used in computing rig utilization.

The revenue related to Gorilla VII (located in the North Sea) is being

deferred until collection.