Hydril's Board of Directors Elects Christopher T. Seaver as ChairmanChristopher T. Seaver

  
    
  
  
    
      The Board of Directors of Hydril (NASDAQ:HYDL) announces the election of 
      Christopher T. Seaver as Chairman of the Board, in addition to his 
      continuing leadership as President and Chief Executive Officer of the 
      company.
    
    
      Christopher Seaver has served as CEO and a director of the company since 
      1997, and as president since 1993. He joined the company in 1985 and has 
      held a series of domestic and international management positions since 
      that time. Prior to joining Hydril, Mr. Seaver was a corporate and 
      securities lawyer and, before that, a Foreign Service Officer with 
      postings in Kinshasa, Congo and Bogotá, 
      Colombia. He holds J.D. and MBA degrees from Stanford University.
    
    
      Richard C. Seaver has been elected Chairman Emeritus and remains a 
      director. Mr. Seaver has served the shareholders as an employee since 
      1958 and as a director since 1964. He also served as President from 1964 
      to 1986, as Chairman of the Board of Directors’ 
      Executive Committee from 1964 to 1992, and Chairman of the Board of 
      Directors since 1992.
    
    
      Chris Seaver commented, “As part of our long 
      planned succession program, I am honored to be leading the company in 
      implementing plans to ensure the company maintains its position at the 
      leading edge of technology in our portion of the oil service industry. 
      Richard Seaver will actively serve the shareholders as a director, a 
      position he has held for the past forty-two years, as we continue to 
      build on his vision and leadership."
    
    
      Hydril Company, headquartered in Houston, Texas, is engaged worldwide in 
      engineering, manufacturing and marketing premium connection and pressure 
      control products used for oil and gas drilling and production.
    
  
The Board of Directors of Hydril (NASDAQ:HYDL) announces the
election of Christopher T. Seaver as Chairman of the Board, in
addition to his continuing leadership as President and Chief Executive
Officer of the company.

   Christopher Seaver has served as CEO and a director of the company
since 1997, and as president since 1993. He joined the company in 1985
and has held a series of domestic and international management
positions since that time. Prior to joining Hydril, Mr. Seaver was a
corporate and securities lawyer and, before that, a Foreign Service
Officer with postings in Kinshasa, Congo and Bogota, Colombia. He
holds J.D. and MBA degrees from Stanford University.

   Richard C. Seaver has been elected Chairman Emeritus and remains a
director. Mr. Seaver has served the shareholders as an employee since
1958 and as a director since 1964. He also served as President from
1964 to 1986, as Chairman of the Board of Directors' Executive
Committee from 1964 to 1992, and Chairman of the Board of Directors
since 1992.

   Chris Seaver commented, "As part of our long planned succession
program, I am honored to be leading the company in implementing plans
to ensure the company maintains its position at the leading edge of
technology in our portion of the oil service industry. Richard Seaver
will actively serve the shareholders as a director, a position he has
held for the past forty-two years, as we continue to build on his
vision and leadership."

   Hydril Company, headquartered in Houston, Texas, is engaged
worldwide in engineering, manufacturing and marketing premium
connection and pressure control products used for oil and gas drilling
and production.