X0101 4 2003-05-09 0 0000085408 ROWAN COMPANIES INC RDC 0001183341 BRINKHORST HANS M 1 0 0 0 Common Stock 2003-05-09 4 M 0 5000 0 A 6000 D Option (Right to Buy) 17.46875 2003-05-09 4 M 0 5000 0 D 1999-07-14 2003-07-14 Common Stock 5000 0 D This option was granted July 14, 1998 under the Rowan Companies, Inc. 1998 Nonemployee Directors Stock Option Plan in a transaction exempt under Rule 16b-3. The amount in column 9 reflects the fact that this particular grant has been fully exercised. Mark Hay (See Power of Attorney attached) 2003-05-13