WSP Holdings Appoints New Director

WSP Holdings Limited WH, a leading Chinese manufacturer of API ("American Petroleum Institute") and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), today announced that its board of directors appointed Mr. Badrul Feisal bin Abdul Rahim as a director of the Company effective April 10, 2013 to replace Mr. Syed Hisham bin Syed Wazir who had resigned from the board. Mr. Syed Hisham confirmed that there were no disagreements between him and the Company. Mr. Badrul Feisal will serve on WSP Holdings' board as vice chairman. Mr. Badrul Feisal is currently the executive director of UMW Holdings Berhad "Group", a public company in Malaysia engaged in auto manufacturing, industrial equipment and oil and gas services. UMW Holdings Berhad, through its subsidiary UMW China Ventures, is the Company's major strategic shareholder. From January 2010 to November 2010, Mr. Badrul Feisal served as founder and managing director at Insight Value Sdn Bhd. From 2007 to 2009 he served as chief operating officer at Edaran Otomobil Nasional Berhad, one of Malaysia's largest conglomerates and a distributor of Malaysia's domestically manufactured cars. Prior to that, he served as the group chief operating officer at SKS Corporation Sdn Bhd and Senior Vice President of investments at Khazanah Nasional Berhad. Mr. Badrul Feisal holds a Bachelor of Science in Accountancy from the University of Missouri, Columbia in the United States. "With over 18 years of professional experience, including expertise in the capital markets, accounting and as a senior corporate executive, Mr. Badrul Feisal is a welcome addition to our board. I look forward to the contributions he will make to the Company," said Mr. Longhua Piao, chairman and CEO of WSP Holdings Limited. About WSP Holdings Limited WSP Holdings develops and manufactures seamless Oil Country Tubular Goods (OCTG), including seamless casing, tubing and drill pipes used for on-shore and off-shore oil and gas exploration, drilling and extraction, and other pipes and connectors. Founded as WSP China in 1999, the Company offers a wide range of API and non-API seamless OCTG products, including products that are used in extreme drilling and extraction conditions. The Company's products are used in China's major oilfields and are exported to oil producing regions throughout the world. For further information, please visit WSP Holdings' website at http://www.wsphl.com/.