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News Release

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Offshore Logistics Announces January 25th Conference Call to Review Fiscal 2006 First Half Results

HOUSTON--(BUSINESS WIRE)--Jan. 19, 2006--Offshore Logistics, Inc. (NYSE: OLG) announced today it will conduct a conference call and Q&A starting at 5:00 p.m. EST (4:00 p.m. CST) on Jan. 25, 2006, to review financial results for the six months ended Sept. 30, 2005. The Company also said a news release summarizing its fiscal first half results will be issued the same day prior to the conference call.

Participating on the call for Offshore Logistics will be William Chiles, president and CEO, Perry Elders, senior financial advisor, and Joe Baj, treasurer and primary investor relations contact.

    The conference call can be accessed as follows:

    Via Webcast:

    --  Visit Offshore Logistics' investor relations Web page at
        http://www.olog.com/page3.php

    --  Click on the link for "FY2006 Six-Months Conference Call"

    --  Webcast replay available approximately one hour after the
        call's completion

    Via Telephone within U.S.:

    --  Toll free (800) 299-9630, passcode: 60119486

    --  A telephone replay will be available through Jan. 31, 2006 by
        dialing toll free (888) 286-8010, passcode: 70783999

    Via Telephone outside the U.S.:

    --  Dial (617) 786-2904, passcode: 60119486

    --  A telephone replay will be available through Feb. 8, 2006 by
        dialing (617) 801-6888, passcode: 70783999

    About Offshore Logistics

Offshore Logistics, Inc. is a major provider of helicopter transportation services to the oil and gas industry worldwide. Through its subsidiaries, affiliates and joint ventures, the Company provides transportation services in most oil and gas producing regions including the United States 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 Gulf of Mexico. The Company's Common Stock is traded on the New York Stock Exchange under the symbol OLG.


    CONTACT: Offshore Logistics, Inc.
             Joe Baj, 713-267-7605

    SOURCE: Offshore Logistics, Inc.