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Bristow Group Inc. Announces PEMEX Contract Award to Mexico Joint Venture

HOUSTON, Jun 26, 2006 (BUSINESS WIRE) -- Bristow Group Inc. (NYSE:BRS) today announced that its Mexico joint venture for which it owns a 49% interest, Heliservicio Campeche S.A. de C.V. ("HC"), has been awarded a two-year contract by Petroleos Mexicanos ("PEMEX"). Under this contract, HC will provide and operate three Bell Helicopter 412EP helicopters in support of PEMEX's oil and gas operations. Two of the aircraft will be based in Cuidad del Carmen, Mexico and the third in Minatitlan, Mexico.

Statements regarding the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future, including statements regarding potential future revenues generated under this contract, are forward-looking statements. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the Company's SEC filings, including but not limited to the Company's annual report on From 10-K for the year ended March 31, 2006, which is available free of charge on the SEC's website at www.sec.gov. The Company disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events or otherwise.

Bristow Group Inc. is a major provider of helicopter services to the oil and gas industry worldwide. Through its subsidiaries, affiliates and joint ventures, including HC, the Company provides transportation services in most oil and gas producing regions including the U.S. Gulf of Mexico and Alaska, the North Sea, Africa, Mexico, South America, Australia, Russia, Egypt and the Far East. Additionally, the Company is a leading provider of production management services for oil and gas production facilities in the U.S. Gulf of Mexico. The Company's Common Stock trades on the New York Stock Exchange under the symbol BRS.

SOURCE: Bristow Group Inc.

Bristow Group Inc., Houston
Investor Relations
Joe Baj, 713-267-7605
joe.baj@bristowgroup.com