December 7, 2011

Dresser-Rand Opens New Training Facility in Houston, Announces 2012 Schedule

Houston, Texas, Dec. 7, 2011 - Dresser-Rand, a global supplier of rotating equipment solutions to the oil, gas, petrochemical, power and process industries, has opened a new 8,700 square foot (808 square meter) facility in Houston, Texas dedicated strictly to training employees and clients to better service equipment in the field.

The company used LEAN methodology in the design of the training facility, which features slip-resistant epoxy flooring for safety, a permanently placed 15-ton overhead bridge crane, and two half ton jib cranes to expedite the movement of equipment and help with the dissembling and reassembling of parts for hands-on training.

A large classroom, which comfortably seats 30, and a smaller classroom for approximately 12, are each outfitted with audiovisual projectors and the newest technology available.

"This facility significantly increases the amount of space we have to work with and expedites the time it takes to run the training sessions, making it possible for us to train more of our employees as well as our clients each year. In fact, this facility allows us to increase our training hours for employees by as much as 22,000 hours a year," said Mark Jones, training manager at Dresser-Rand.

The programs offered at Dresser-Rand can be any combination of hands-on training, classroom-focused teaching or even web-based courses. Classes can be held regionally or on-site with a client or at one of the Dresser-Rand training facilities and can be customized to accommodate any skill level and class size.

The courses cover the full range of Dresser-Rand products from reciprocating compressors and integral engines to steam turbine and turbomachinery products. Programs are taught by full-time instructors and field service engineers with expertise in their respective fields. Training manuals and other materials are provided by Dresser-Rand and are included in the cost of a course.

Instructor-led training courses are held on a monthly basis at a competitive price. Dresser-Rand offers early registration discounts if students enroll at least 60 days prior to the start of a class.

To access the Dresser-Rand 2012 Product Training Programs catalog, get more information about the programs or to register for a class, please visit http://www.dresser-rand.com/service/fieldoperations/training/training.php.

About Dresser-Rand
Dresser-Rand is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. The Company operates manufacturing facilities in the United States, France, United Kingdom, Spain, Germany, Norway, India, and China, and maintains a network of 45 service and support centers (including 6 engineering and R&D centers) covering more than 140 countries. Dresser-Rand has principal offices in Paris, France, and Houston, Texas.

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This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, the Company's plans, objectives, goals, strategies, future events, future bookings, revenues, or performance, capital expenditures, financing needs, plans, or intentions relating to acquisitions, business trends, executive compensation, and other information that is not historical information. The words "anticipates", "believes", "expects", "intends", "appears", "outlook", and similar expressions identify such forward-looking statements. Although the Company believes that such statements are based on reasonable assumptions, these forward-looking statements are subject to numerous factors, risks, and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include, among others, the following: potential for material weaknesses in its internal controls; economic or industry downturns; the variability of bookings due to volatile market conditions, subjectivity clients exercise in placing orders, and timing of large orders; volatility and disruption of the credit markets; its inability to generate cash and access capital on reasonable terms and conditions; its inability to implement its business strategy to increase aftermarket parts and services revenue; its ability to implement potential tax strategies; competition in its markets; failure to complete or achieve the expected benefits from any future acquisitions; economic, political, currency and other risks associated with international sales and operations; fluctuations in currencies and volatility in exchange rates; loss of senior management; environmental compliance costs and liabilities; failure to maintain safety performance acceptable to its clients; failure to negotiate new collective bargaining agreements; unexpected product claims and regulations; infringement on its intellectual property or infringement on others' intellectual property; its pension expenses and funding requirements; difficulty in implementing an information management system; and the Company's brand name may be confused with others. These and other risks are discussed in detail in the Company's filings with the Securities and Exchange Commission at www.sec.gov. Actual results, performance, or achievements could differ materially from those expressed in, or implied by, the forward-looking statements. The Company can give no assurances that any of the events anticipated by the forward-looking statements will occur or, if any of them does, what impact they will have on results of operations and financial condition. The Company undertakes no obligation to update or revise forward-looking statements, which may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, except as required by applicable law. For information about Dresser-Rand, go to its website at www.dresser-rand.com.

Company Contact: Blaise Derrico, Director Investor Relations (713) 973-5497


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