RPC, Inc. Announces Stock Split and Increase in Quarterly Dividend of $.06

RPC, Inc.

announced today that its Board of Directors has approved a three-for-two split of the Company's outstanding common stock. The split will be effected by issuing one additional share of common stock for every two shares of common stock held. The additional share of common stock will be distributed on December 10, 2010 to holders of record at the close of business on November 10, 2010. No fractional shares will be issued. Fractional share amounts resulting from the split will be paid to stockholders in cash. RPC also announced that its Board of Directors declared a 16.7 percent increase in the regular quarterly cash dividend from $0.06 per share to $0.07 per share payable December 10, 2010 to common stockholders of record at the close of business on November 10, 2010. The dividend will be paid on pre-split shares.