<SEC-DOCUMENT>0001571049-15-005912.txt : 20150729
<SEC-HEADER>0001571049-15-005912.hdr.sgml : 20150729
<ACCEPTANCE-DATETIME>20150729072509
ACCESSION NUMBER:		0001571049-15-005912
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20150729
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150729
DATE AS OF CHANGE:		20150729

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RPC INC
		CENTRAL INDEX KEY:			0000742278
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				581550825
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08726
		FILM NUMBER:		151011074

	BUSINESS ADDRESS:	
		STREET 1:		2801 BUFORD HIGHWAY NE, SUITE 520
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30329
		BUSINESS PHONE:		404-321-2140

	MAIL ADDRESS:	
		STREET 1:		2801 BUFORD HIGHWAY NE, SUITE 520
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30329

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RPC INC
		DATE OF NAME CHANGE:	19950809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RPC ENERGY SERVICES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>t82839_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">
<P STYLE="margin: 0"></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: BLACK 2px solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>UNITED STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>WASHINGTON, D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 20%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-top: BLACK 1px solid; border-bottom: BLACK 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 10pt; padding-bottom: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>FORM
    8-K</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>CURRENT
REPORT</B><BR>
<B>PURSUANT TO SECTION 13 OR 15(d) OF THE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SECURITIES
EXCHANGE ACT OF 1934</B><BR>
<BR></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Date
of Report (Date of earliest event reported): July 29, 2015</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B></B><BR>
<BR></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RPC, INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Exact name
of registrant as specified in its charter)<BR></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%; border-bottom: BLACK 1px solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 40%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>1-8726</B></FONT></TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>58-1550825</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(State
    or Other Jurisdiction<BR>
    of Incorporation)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Commission
    File Number)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(IRS
        Employer</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Identification
        No.)</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">2801 Buford
Highway NE, Suite 520, Atlanta, Georgia 30329<BR>
(Address of principal executive office) (zip code)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Registrant&#146;s
telephone number, including area code: (404) 321-2140</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&#9744;</TD>
    <TD STYLE="width: 95%"><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">Written communications pursuant to Rule 425
    under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&#9744;</TD>
    <TD><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">Soliciting material pursuant to Rule 14a-12 under the Exchange
    Act (17 CFR 240.14a-12)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&#9744;</TD>
    <TD><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">Pre-commencement communications pursuant to Rule 14d-2(b) under
    the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&#9744;</TD>
    <TD><FONT STYLE="font-size: 10pt; letter-spacing: -0.15pt">Pre-commencement communications pursuant to Rule 13e-4(c) under
    the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: BLACK 2px solid; border-bottom: Black 3.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Item 2.02
Results of Operations and Financial Condition.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt">On July 29, 2015, RPC, Inc. issued
a press release titled &#147;RPC, Inc. Reports Second Quarter 2015 Financial Results,&#148;
that announced the financial results for the second quarter ended June 30, 2015.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Item 9.01
Financial Statements and Exhibits.</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 90%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">(d)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Exhibits.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Exhibit 99 - Press Release dated July 29, 2015.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>



<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt">Pursuant to
the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">RPC, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Date:&nbsp;&nbsp;July 29, 2015</FONT></TD>
    <TD STYLE="border-bottom: Black 1px solid"><FONT STYLE="font-size: 10pt">/s/ Ben M. Palmer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Ben M. Palmer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Vice President,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Chief Financial Officer and Treasurer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>t82839_ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">
<hr style="COLOR: black" align="left" noshade size="2" width="100%">
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="FONT-WEIGHT: bold">Exhibit 99</FONT></DIV>

<DIV STYLE="text-align: right; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><FONT STYLE="font-weight: bold">&nbsp;</FONT></DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><IMG SRC="t82839001_v1.jpg" ALT="">&nbsp;</DIV>

<DIV STYLE="text-align: right; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt">&nbsp;</DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>RPC,
Inc. Reports Second Quarter 2015 Financial Results</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">ATLANTA, July 29, 2015 - RPC, Inc. (NYSE: RES) today announced its
unaudited results for the second quarter ended June 30, 2015. RPC provides a broad range of specialized oilfield services and equipment
primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties
throughout the United States and in selected international markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">For the quarter ended June 30, 2015, revenues decreased 48.9 percent
to $297.6 million compared to $582.8 million in the second quarter of last year. Revenues decreased compared to the prior year
due to lower activity levels and pricing in our major service lines. Operating loss for the quarter was $52.5 million compared
to operating profit of $103.0 million in the prior year. Net loss for the quarter was $34.1 million or $0.16 loss per share, compared
to net income of $63.3 million or $0.29 diluted earnings per share last year. Earnings before interest, taxes, depreciation and
amortization (EBITDA) decreased to $17.6 million compared to $160.4 million in the prior year.<FONT STYLE="font-size: 10pt"><SUP>1
</SUP></FONT>For the six months ended June 30, 2015, revenues decreased 35.1 percent to $703.8 million compared to $1.1 billion
last year. Net loss for the six month period was $26.5 million, or $0.12 per share, compared to net income of $102.7 million,
or $0.47 diluted earnings per share last year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Cost of revenues during the second quarter of 2015 was $241.6 million,
or 81.2 percent of revenues, compared to $374.3 million, or 64.2 percent of revenues, during the second quarter of last year.&nbsp;
Cost of revenues decreased due to lower costs resulting from lower activity levels, reduced personnel and incentive compensation,
and price reductions from suppliers, partially offset by the impact of increasing service intensity.&nbsp; Additionally, as a result
of a change in accounting estimate, replacement parts totaling approximately $11.5 million were charged to cost of revenues rather
than being capitalized. As a percentage of revenues, cost of revenues increased compared to the prior year due to significantly
lower pricing for our services and cost inefficiencies resulting from lower activity levels.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Selling, general and administrative expenses were $40.4 million
in the second quarter of 2015 compared to $47.6 million in the second quarter of 2014. These expenses decreased due to lower total
employment costs, including primarily incentive compensation, and other expenses which vary with activity levels. As a percentage
of revenues, these costs increased to 13.6 percent in the second quarter of 2015 compared to 8.2 percent in the second quarter
of 2014 primarily due to the relatively fixed nature of these costs during the short term. Depreciation and amortization increased
to $69.8 million during the quarter compared to $56.5 million in the second quarter of the prior year due to capital equipment
placed in service during the previous four quarters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC&rsquo;s gain on disposition of assets was $1.7 million during
the second quarter of 2015, compared to a loss of $1.4 million during the second quarter of 2014. &nbsp;This shift resulted from
a change in accounting estimate implemented in 2015 in which the cost of certain pressure pumping components was recorded as cost
of revenues upon installation, rather than being capitalized.&nbsp; The net impact of this change on operating income during the
quarter was not material; however, loss on dispositions and depreciation decreased due to this change in accounting estimate. Interest
expense during the second quarter of 2015 was $390 thousand, an increase compared to $49 thousand during the second quarter of
the prior year. Interest expense during the second quarter of this year was higher because interest expense during the second quarter
of 2014 included a credit related to the favorable outcome of a sales tax audit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 15%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><SUP>1 </SUP> EBITDA is a financial measure which does not conform
to generally accepted accounting principles (GAAP). Additional disclosure regarding this non-GAAP financial measure is disclosed
in Appendix A to this press release.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P></DIV>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt">&nbsp;</DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release</P>


</DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Discussion of Sequential Quarterly Financial Results</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC&rsquo;s revenues for the quarter ended June 30, 2015 decreased
by $108.7 million or 26.8 percent compared to the first quarter of 2015. Revenues decreased due to lower activity levels and pricing
for our services, partially offset by increased service intensity in pressure pumping and a larger fleet of equipment in this service
line. Cost of revenues during the second quarter decreased by $50.8 million or 17.4 percent due to lower activity levels and RPC&rsquo;s
ongoing cost management efforts during the quarter, partially offset by increased cost of component replacements. Cost of revenues
as a percentage of revenues increased from 72.0 percent in the first quarter of 2015 to 81.2 percent in the second quarter due
to significantly lower pricing for our services. Selling, general and administrative expenses during the second quarter of 2015
decreased by $2.2 million, or 5.3 percent, compared to the first quarter. Operating profit decreased from $6.2 million in the first
quarter of 2015 to an operating loss of $52.5 million in the second quarter. Income before income taxes declined from $11.3 million
in the first quarter of 2015 to a loss of $52.6 million in the second quarter. Net income declined from $7.5 million in the first
quarter of 2015 to a net loss of $34.1 million in the second quarter, and diluted earnings per share declined from $0.04 in the
first quarter of 2015 to a loss per share of $0.16 in the second quarter of 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Management Commentary</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;RPC&rsquo;s financial results during the second quarter of
2015 reflect our industry&rsquo;s declining activity levels and competitive pricing for our services,&rdquo; stated Richard A.
Hubbell, RPC&rsquo;s President and Chief Executive Officer. &ldquo;The average U.S. domestic rig count during the second quarter
was 907, a decrease of 51.1 percent compared to the same period in 2014, and a decrease of 35.4 percent compared to the first quarter
of 2015. The average price of natural gas was $2.70 per Mcf, a 40.7 percent decrease compared to the prior year, and a 4.3 percent
decrease compared to the first quarter of 2015. The unconventional rig count declined by 45.6 percent compared to the prior year
and 33.1 percent sequentially. The average price of oil during the quarter was $57.53 per barrel, a 44.3 percent decrease compared
to the prior year but a 17.4 percent increase compared to the first quarter of 2015. Our sequential revenue decline was slightly
less than overall industry declines because of the increasing service intensity of pressure pumping, which is RPC&rsquo;s largest
service line.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;RPC continues to pursue prudent cost reduction measures to
manage our short-term financial results without sacrificing service quality and our long-term operational capabilities. While we
were disappointed during the quarter by declining activity levels, we see indications that U.S. domestic activity levels have troughed
and that excess service capacity is undergoing attrition. Furthermore, we believe that the recent oil price weakness has added
an additional level of uncertainty to our visibility regarding near-term activity levels. In an operating environment in which
financial strength is an important advantage, we are pleased to report that the balance on our syndicated credit facility once
again declined during the second quarter. As of June 30, 2015, the balance on this facility was $54.9 million, a decline of $100.7
million compared to the end of the first quarter. At our Board of Directors&rsquo; meeting yesterday, our Board voted not to pay
a dividend this quarter. We are prioritizing our operational flexibility and the enhancement of our long-term strategic capabilities
during this point in the cycle, and believe that a temporary suspension of RPC&rsquo;s quarterly dividend is in the best long-term
interests of our shareholders,&rdquo; concluded Hubbell.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P></DIV>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt">&nbsp;</DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release</P>


</DIV>

<DIV STYLE="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Summary of Segment Operating Performance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC&rsquo;s business segments are Technical Services and Support
Services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Technical Services includes RPC&rsquo;s oilfield service lines that
utilize people and equipment to perform value-added completion, production and maintenance services directly to a customer&rsquo;s
well. These services are generally directed toward improving the flow of oil and natural gas from producing formations or to address
well control issues. The Technical Services segment includes pressure pumping, coiled tubing, hydraulic workover services, nitrogen,
downhole tools, surface pressure control equipment, well control, and fishing tool operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Support Services includes RPC&rsquo;s oilfield service lines that
provide equipment for customer use or services to assist customer operations. The equipment and services offered include rental
of drill pipe and related tools, pipe handling, inspection and storage services and oilfield training services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Technical Services revenues decreased 49.3 percent for the quarter
compared to the prior year due to lower activity levels and pricing as compared to the prior year, partially offset by increasing
service intensity and a larger fleet of equipment in our pressure pumping service line, which is the largest service line within
Technical Services. Support Services revenues decreased by 43.4 percent during the quarter compared to the prior year due principally
to lower pricing and activity levels in the rental tool service line, which is the largest service line within this segment. Both
Technical and Support Services reported operating losses due to lower revenues, partially offset by cost control efforts undertaken
in each service line.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



</DIV>

<DIV STYLE="text-align: right; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt"></div>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>(in thousands)</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="text-align: center">Three Months Ended June 30,</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="text-align: center">Six Months Ended June 30,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center"><B>2015</B></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center">2014</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center"><B>2015</B></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center">2014</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Revenues:</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Technical services</TD>
    <TD>&#9;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>275,806</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">544,392</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>653,899</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">1,011,362</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Support services</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>21,754</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">38,439</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>49,931</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">73,161</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Total revenues</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>297,560</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">$</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">582,831</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>703,830</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">$</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">1,084,523</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Operating (Loss) Profit:</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Technical services</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>(49,253</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">99,717</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>(43,391</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">164,613</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Support services</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(1,458</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,998</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>2,449</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">16,455</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Corporate expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(3,544</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(4,279</TD>
    <TD>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(8,101</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(9,168</TD>
    <TD>)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Gain (loss) on disposition of assets, net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>1,718</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">(1,405</TD>
    <TD STYLE="border-bottom: Black 2px solid">)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>2,676</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">(3,637</TD>
    <TD STYLE="border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Total operating (loss) profit</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(52,537</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">$</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">103,031</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(46,367</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">$</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">168,263</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Interest Expense</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(390</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(49</TD>
    <TD>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(1,081</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(386</TD>
    <TD>)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Interest Income</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>9</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>15</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Other Income, net</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>332</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">831</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>6,121</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">911</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>(Loss) Income before income taxes</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(52,586</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">103,819</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(41,312</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">168,798</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC, Inc. will hold a conference call today, July 29, 2015 at 9:00
a.m. ET to discuss the results of the second quarter. Interested parties may listen in by accessing a live webcast in the investor
relations section of RPC, Inc.&rsquo;s website at www.rpc.net. The live conference call can also be accessed by calling (888)
430-8705 or (719) 325-2361 and using the access code #8950167. For those not able to attend the live conference call, a replay
will be available in the investor relations section of RPC, Inc.&rsquo;s website (www.rpc.net) beginning approximately two hours
after the call.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC provides a broad range of specialized oilfield services and
equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil
and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky
Mountain regions, and in selected international markets. RPC&rsquo;s investor website can be found at <U>www.rpc.net</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Certain statements and information included in this press release
constitute &quot;forward-looking statements&quot; within the meaning of the Private Securities Litigation Reform Act of 1995, including
all statements that look forward in time or express management&rsquo;s beliefs, expectations or hopes. In particular, such statements
include, without limitation, RPC&rsquo;s plans to pursue prudent cost reduction measures to manage its short-term financial results
without sacrificing service quality and long-term operational capabilities; RPC&rsquo;s belief that U.S. domestic activity levels
have troughed and that excess service capacity is undergoing attrition; and RPC&rsquo;s plans to prioritize operational flexibility
and enhance its long-term strategic capabilities during this point in the industry cycle. These statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements of RPC to be materially
different from any future results, performance or achievements expressed or implied in such forward-looking statements. Such risks
include changes in general global business and economic conditions; credit risks associated with collections of our accounts receivable
from customers experiencing challenging business conditions; drilling activity and rig count; risks of reduced availability or
increased costs of both labor and raw materials used in providing our services; the impact on our operations if we are unable to
comply with regulatory and environmental laws; turmoil in the financial markets and the potential difficulty to fund our capital
needs; the potentially high cost of capital required to fund our capital needs; the impact of the level of unconventional exploration
and production activities may cease or change in nature so as to reduce demand for our services; the actions of the OPEC cartel,
the ultimate impact of current and potential political unrest and armed conflict in the oil-producing regions of the world, which
could impact drilling activity; adverse weather conditions in oil or gas producing regions, including the Gulf of Mexico; competition
in the oil and gas industry; an inability to implement price increases; risks of international operations; and our reliance upon
large customers. Additional discussion of factors that could cause the actual results to differ materially from management's projections,
forecasts, estimates and expectations is contained in RPC's Form 10-K filed with the Securities and Exchange Commission for the
year ended December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">For information about RPC, Inc., please contact:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Ben M. Palmer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(404) 321-2140</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>irdept@rpc.net</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Jim Landers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Vice President, Corporate Finance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(404) 321-2162</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>jlanders@rpc.net</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>5</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RPC INCORPORATED AND SUBSIDIARIES</B></FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10" STYLE="border-bottom: Black 2px solid"></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="11" STYLE="border-bottom: Black 2px solid"><B>CONSOLIDATED STATEMENTS OF OPERATIONS </B><I>(In thousands except per share data)</I></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Periods ended, (Unaudited)</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="border-bottom: Black 2px solid; text-align: center"><B>Three Months Ended</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 2px solid; text-align: center"><B>Six Months Ended</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center"><B>June 30,</B><BR>
<B>2015</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center">March 31,<BR>
2015</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center">June 30,<BR>
2014</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center"><B>2015</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center">2014</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>REVENUES</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>297,560</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">406,270</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">582,831</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>703,830</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">1,084,523</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>COSTS AND EXPENSES:</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Cost of revenues</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>241,617</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">292,445</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">374,275</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>534,062</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">704,290</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Selling, general and administrative expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>40,397</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">42,637</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">47,603</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>83,034</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">96,311</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Depreciation and amortization</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>69,801</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">65,976</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">56,517</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>135,777</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">112,022</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">(Gain) loss on disposition of assets, net</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(1,718</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">(958</TD>
    <TD STYLE="border-bottom: Black 2px solid">)</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">1,405</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(2,676</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">3,637</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Operating (loss) profit</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(52,537</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6,170</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">103,031</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(46,367</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">168,263</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Interest expense</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(390</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(691</TD>
    <TD>)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(49</TD>
    <TD>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(1,081</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(386</TD>
    <TD>)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Interest income</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>9</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>15</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Other income, net</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>332</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">5,789</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">831</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>6,121</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">911</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>(Loss) income before income taxes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(52,586</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11,274</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">103,819</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(41,312</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">168,798</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Income tax (benefit) provision</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(18,531</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">3,726</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">40,536</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(14,805</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">66,127</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 4px double"><B>NET (LOSS) INCOME</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(34,055</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">7,548</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">63,283</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(26,507</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">102,671</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>(LOSS) EARNINGS PER SHARE</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Basic</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(0.16</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.04</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.29</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(0.12</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.48</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Diluted</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(0.16</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.04</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.29</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>(0.12</B></TD>
    <TD STYLE="border-bottom: Black 4px double"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.47</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>AVERAGE SHARES OUTSTANDING</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Basic</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>212,598</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">213,492</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">215,224</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>213,586</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">215,199</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Diluted</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>212,598</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">213,585</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">216,238</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>213,586</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">216,280</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>6</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 71%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7"><B>RPC INCORPORATED AND SUBSIDIARIES</B></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="border-bottom: Black 2px solid"><B>CONSOLIDATED BALANCE SHEETS</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">At June 30, (Unaudited)</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 2px solid; text-align: center"><I>(In thousands)</I></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center"><B>2015</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 2px solid; text-align: center">2014</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>ASSETS</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Cash and cash equivalents</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>14,844</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">22,164</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Accounts receivable, net</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>299,550</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">565,940</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Inventories</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>146,945</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">138,836</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Deferred income taxes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>9,027</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11,624</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Income taxes receivable</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>32,292</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">16,874</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Prepaid expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>6,417</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6,002</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Other current assets</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>2,530</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">6,787</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid; padding-left: 17.3pt; text-indent: -8.65pt">Total current assets</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>511,605</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">768,227</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Property, plant and equipment, net</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>813,993</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">708,598</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Goodwill</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>32,150</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">32,150</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Other assets</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>26,034</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">21,886</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 4px double; padding-left: 17.3pt; text-indent: -8.65pt">Total assets</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>1,383,782</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">1,530,861</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>LIABILITIES AND STOCKHOLDERS&rsquo; EQUITY</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Accounts payable</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>75,606</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">150,894</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Accrued payroll and related expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>24,070</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">37,686</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Accrued insurance expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>6,878</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6,624</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Accrued state, local and other taxes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>5,967</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,411</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Income taxes payable</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>4,051</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">535</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Other accrued expenses</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>157</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">1,310</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid; padding-left: 17.3pt; text-indent: -8.65pt">Total current liabilities</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>116,729</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">205,460</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Long-term accrued insurance expenses</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>11,324</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11,412</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Notes payable to banks</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>54,900</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">131,400</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Long-term pension liabilities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>35,014</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">22,867</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Other long-term liabilities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>15,818</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">10,618</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Deferred income taxes</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>130,002</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">127,459</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid; padding-left: 17.3pt; text-indent: -8.65pt">Total liabilities</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>363,787</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">509,216</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Common stock</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>21,702</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21,883</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Capital in excess of par value</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>-</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Retained earnings</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>1,016,754</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,009,711</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Accumulated other comprehensive loss</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>(18,461</B></TD>
    <TD STYLE="border-bottom: Black 2px solid"><B>)</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">(9,949</TD>
    <TD STYLE="border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid; padding-left: 17.3pt; text-indent: -8.65pt">Total stockholders&rsquo; equity</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>1,019,995</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">1,021,645</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 4px double; padding-left: 17.3pt; text-indent: -8.65pt">Total liabilities and stockholders&rsquo; equity</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>1,383,782</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">1,530,861</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic bold 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page
</FONT>7</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Second Quarter 2015 Earnings Release</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Appendix A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">RPC has used the non-GAAP financial measure of earnings before interest,
taxes, depreciation and amortization (EBITDA) in today's earnings release, and anticipates using EBITDA in today's earnings conference
call. EBITDA should not be considered in isolation or as a substitute for operating income, net income or other performance measures
prepared in accordance with U.S. GAAP. RPC uses EBITDA as a measure of operating performance because it allows us to compare performance
consistently over various periods without regard to changes in our capital structure. We are also required to use EBITDA to report
compliance with financial covenants under our revolving credit facility. A non-GAAP financial measure is a numerical measure of
financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have
the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance
with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments
that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented.
Set forth below is a reconciliation of EBITDA with Net Income, the most comparable GAAP measure. This reconciliation also appears
on RPC's investor website, which can be found on the Internet at www.rpc.net.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 43%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 3%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 2px solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 2px solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 2px solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 2px solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 2px solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid">Periods ended, (Unaudited)</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="11" STYLE="border-bottom: Black 2px solid; text-align: center"><B>Three Months Ended</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 2px solid; text-align: center"><B>Six Months Ended</B></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2px solid"><I>(in thousands except per share data)</I></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center"><B>June 30,</B><BR>
<B>2015</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center">March 31,<BR>
2015</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center">June 30,<BR>
2014</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center"><B>2015</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 2px solid; text-align: center">2014</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>Reconciliation of Net Income to EBITDA</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Net (Loss) income</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>(34,055</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">7,548</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">63,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>$</B></TD>
    <TD STYLE="text-align: right"><B>(26,507</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD STYLE="text-align: right">102,671</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Add:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Income tax (benefit) provision</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(18,531</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,726</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">40,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>(14,805</B></TD>
    <TD><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">66,127</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Interest expense</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>390</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">691</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">49</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>1,081</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">386</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Depreciation and amortization</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>69,801</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">65,976</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">56,517</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><B>135,777</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">112,022</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Less:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Interest income</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>9</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">6</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">6</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right"><B>15</B></TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px solid; text-align: right">10</TD>
    <TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>EBITDA</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>17,596</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">77,935</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">160,379</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>95,531</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">281,196</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><B>EBITDA PER SHARE</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Basic</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>0.08</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.37</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.75</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>0.45</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">1.31</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 17.3pt; text-indent: -8.65pt">Diluted</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>0.08</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.36</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">0.74</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double"><B>$</B></TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right"><B>0.45</B></TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4px double">$</TD>
    <TD STYLE="border-bottom: Black 4px double; text-align: right">1.30</TD>
    <TD STYLE="border-bottom: Black 4px double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 7; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: italic 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>t82839001_v1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 t82839001_v1.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D
M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`,
M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\``$0@`/0"T`P$1``(1`0,1`?_$`+0```("`P$!`0``````
M``````<(!08``P0!`@D!`0$``P$!```````````````%`@,$`080```$!`0#
M`P8'"PH'``````$"`P01$@4&`!,4!R$Q%4$B"&$R(Q87&%%Q@4)2)'7A8G(S
M0]-4M#96)_"1-&1TE"4U13>A@I)3<X-$$0$``0("!0D&!P$``````````0(#
M$03P,5%Q$B%!88&1L=$R$Z'!\4*2!>$B<K+B,Q32_]H`#`,!``(1`Q$`/P!J
M#<L>2%<K=[;HTZXG]&]87PK-GQV:"94T1,>*LB$H9(B(J%,40^/'T-O+V9HB
MJ*(PPQUSLY>?>DW;UR*YIBKN=(UC?R,,VOQC^@?%_5O+C'@RVRCZI_Z,;_3I
M\-,7@5G?P?RMP<8?Z>/D_JWEPFC+;*/J_D8W^G3X:8L"L[^#^5N#C#_3Q\G]
M6\N$T9;91]7\C&_TZ?#3%=-GZ[?[F[G=.NIT^,3IYG*+:H(%0,`@LD0%"E%-
M(80,8/NXY,];M<&-$1KYIQ][HRTW./"O'4HOBHW2W`M&^J6PMRM+4UFM3$W"
MJ"14Q*947"Q!,,Y3#YI`#$QW`Q[Q&]'[U.N<?,0_-X#/>(WH_>IUSCYB'YO`
M;FWB1WM;G$Z=T+&$>8*(-50_F42,&`(MC>,VY6CA-O>=-1J;$8%.^8E!!V7C
MQ.*8CDJ?@AE_'@&MMVXJ+<=%:5NBNB/:8])F-G"<8"$1`0$!@8IBF`2F*(1`
M0@/'`*_XF=VMQK5W+Z7;];7I]/T+=8&Z94Q+.83S&[Q##QA\.`$_O$;T?O4Z
MYQ\Q#\W@,]XC>C]ZG7./F(?F\!T-?$MO<V&)+G4.':"K=HIVQ^>B;`$>Q_&?
M7V[E)O>=+1?,Q@4[^G@*+D@=IC)',9)3XBB3`-70*_1[@HS2M49V1]3'Q`5;
M.4XRF+&`@(#`Q3%,`E,4P`)1`0$`$,!HNFZ[?M6C+UFO/4V-.;^>LI&(F'D0
MA0B8YS=A2@(C@%0W"\8UUU%=1K934E$8`,"/G)"+O3@`\Y#3H)1#F6!Q^^P`
M?J6ZFY=24,=[=-55G&(IZQ<J8"/T4RF*0OR!@-3+<O<5B<#L[HJR`@(#`CUP
M`##CQ+/`?EP%Q]Z#>KIFAZ\$T8:W3-M1)"$D^7#RS0FC\[`.K8]WM[C9/(0(
M]IKURP>(AV&;JF(0X1^:H0H&^.(=F-]^Q-N8V3$3VPUV[D58]$@EORP&C7^C
M6D^X1ZB@]F"(!GLC@108@`CW4R)8J_;JN.WP[)F/JU>]Q9J(HKBN#'$`APF#
MB!N(#Y!Q"47U(3X`Q[@."O5>G42CNZL_-EM&:8JJB4(F$`X`4H=IC",I0[1X
M8RHHFJ8IC7+&NN*8QD%MF:_4+AW/K-<J'!T]8*&RXQ!),JZ`)HE'Z*9>'E&)
MNW%7/411:BF-43X\K@RUR:[LS.P+/&I_N11_L9/]:<8D*)?<!>-K-H;DW*>/
MVE"<LFRM.3(JL+XZJ91*H82A**22W&(=L,!S[E;4W?MU5$&%PHIRNRF.R>MC
M"HW7`D`/(8Q2&B03!,4Q0'B'8(8"GX!G?!/=3H*I7[34.8S51`M4;)CYJ9TS
ME07$/_("B4?P<!4/&`'\7N4(TUK\O>4P`1P%IL7;&]K[4>)VM3P?G8`F9V`K
M((2@J)@)^..G&,@\L!QWA8UV6=4BTVY::K379RYB93B4Y#EY3)J)B=,X!VRF
M&&`@L`TW@HNQR8UP6FLH)T"%3J3%,?F")@1<0\AHI?\`'X<`*?$#NR[O^]%R
MMEQ&VJ4H=O1T2B,AP*,IW)H\S+"$0X<"0#G$1`7X#HI].J%1=ILZ>U5>.U1@
MDW;IF54,/WI"`)AP$K5;"OFCM1=U:W:I3FA?.<.V3A!,/C.H0I<!!8!L+-O+
MU4W/JCQ=22E/:B]:U3G*"8NU<M80`.:)S1C]$38O7['JVJ8CS133,?3'?X)=
M%Z:+L[)D1O$50>H66WJ*9)CT]R`*FX\$'1<D_+GZ04Q^3'']KN\-S">>/;'*
MZ<[1$T8Z::=`@V>^ZA:=&?QCJV+9>(?"HB4WD^''#>HX:YIV3+HMSC3$]"7'
MEC6S+MOE?0UBM#;K$X&IE*4^N&#\J]+P$L0YE0`1+^''Z(8LY"QPT\<^:KN_
M'NWIF<OXSPQS/?#S^VC[[-5_6$,>?<?ZXW^+'(^>=P=^-3_<BC_8R?ZTXQ'5
M2^X`S^&C=.TMOJO6W5QJ+D2?MT4F^0D*HB8AS&-&`A#@.`^?$;O;1MR'E):T
M-JNC3*2"YM0Z*0BBJJ\@#`A1/*0I4@A$T1CQ`(!@`U@&:\$]JO35JOW8<IBL
MD6P4I$X^:HJJH1=4`\J94B1_##`5/Q@!_%[E"--:_+WE,`$<`9/#CO%:^VKJ
MO+5YN]7+4R-B-P9)I*"`HBJ)I\Q5&'XP(0C@.?Q"[VT[<VHTHM*8+,Z91RKY
M*CJ0%U3N<N>8J8G*0I<D(`!AP`CP!;V&4?TRC[CW$VF(5C;+AH58O"1=ZH0$
M3`/PADF$/BP`DP&8#]"]CMM:+9%B4U)LV(%7J#=)S6'T`%5590@'$@GA'+2F
ME(4.';YPF$0(8@`A`>6`'?N_[4^N7K5T)'5R?T&`:'.C^/TL),R'#Z/SI9N]
M@%XKW[15K[2?<O[4ICZ6CRT_II_;"%>\\[QDVWJ_KMMM5;+>*S55BT,U04./
M>.@<@@T6C])$Y`*;\$IA\[$_,T>E>B[&J9QZ^>.O\%&S7ZEN:?FPE<=E7AG>
MU]`.8!`R2)VYBCP$NG6.C*(0#EEXY<_3A>JWX]O*W6)_)V][5NY?OJK;HD9J
M`6MU*="FA"(D@'I'`A#DD4P0CP$XE`>&&2R_J58SY:=?AUL<Q>].GI+`0A2%
ME+R_G$1'B(B(\Q'M'%V9Q112\//[:/OLU7]80Q/^X_UQO\7;D?/.X._&I_N1
M1_L9/]:<8CJI?<!Z"9Q(*@%$2%$"F/#@`FB(`(^64<!Y@"9L)9%@7I=XT.ZW
MSMHLH4%*8DW%,B;DY(F40.H8IS%,)0B64.(`;B`RQ!\K?MZBV]1VM&HK1-C3
M&9,MLV2#NE",1$1&)C&,81,8QA$3#Q$1'`)?XP`_B]RA&FM?E[RF`".`S`9@
M+/9NV=]7DY(C;U'</$S&E.\D$C4D.>8X/*D7ERFB/8`X!O*/L4C:6Q-RVNW$
M*A<-68.%GKA(L`5>$2$4$4H@!LLAB@4L>8B)H!-*`(Y@,P#Z[";RVW>-I4RF
M+/4F]SL&Z;5Y3UCE(JJ9(L@+(@,N84X%F-+Y@C`>P1`EUBNT2B,S/:P_;TYF
M7@+ATJ1%./P3'$H1P`C][7:?UHZ/GN>G0AUW)-I<WZ,D,Z3LGDY_>][`!ZO?
MM%6OM)]R_M2F/I:/+3^FG]L(5[SSO==H7,YMBXV=;0F,5N:5TD7FJV/P53X<
M^'>+]\!<8W;47*9IV]^GL+-V:*L3%62]I-*HE<<`X(2AMWKBHMG?)+1O44Z@
M!R!`.X74&*'#LQ&S,5554Q\\Q$=<?E]RO;JB*9GY=?5K+O>=UN[KN1S6G)13
M3/Z)BW'FBU*(BF0>?>&(G/\`?"/8`8LV;46Z(ICKZ9TU)68N\=4RA<;&@4/#
MS^VC[[-5_6$,<'W'^N-_B[<CYYW!WXU/]R*/]C)_K3C$=5+[@#;X<+$87U2[
MYMMX)2"Y8ME&;@P`.0Z34.**H<(\#<#0XB43%[<`'JQ2*C1JJ[I-21%N_8K'
M;ND30$2J)F$I@B'`>(<PX#@-#1VZ9ND7;18[=TV.55NND82*)J$$#$.0Q8"4
MQ3!$!#`/]L-NZVW&M$JZXE3N&F@5"LMP@`"<0&1P0`^8L!1&$.Z:8O(`$06K
MQ@!_%[E"--:_+WE,`$<`RG@OHU'J;R[2U)BW>@DFQ%('*1%99C+QEG`T(PXP
MP#3-[4M9LIF-Z.Q14#D=-LB4>'E`H8"4@$(=F`P>7P>7`(MXDMFW=E72O6Z<
MW,-JUE8RK90A0D;.#B)CMC2\"A&)DOO>'$2C@`U@,P&"(CSP&8!NZMLON(YK
M%2=),D!0<O72Z)A<)@(IJKF.08>4IL6Z<[:BB.6>2F.;9"7=RM<U3.'<Y`V0
MW(X18H>7ZREY/N_RY>SGK6V>QA_CKV=WBF`V[W@"TBVL1HV3I@+E6.)'1`.9
M(HSD;CQ`,LJQS*>7NEX%#&,YK+\7'C/%N]N^8Y/:V^C=X.'#DZO'3OB`V0W(
MX?44/+]92\GW?Y<LISUK;/8U?XZ]G=XL#9#<CA%BAY?K*?D^[_+E[.>L[9[#
M_'7L[O%>=G=NKNMJY7;^L-DD6JC(R"9DUBJF%0RJ9X"!>003'CCCSN9MUT84
MSRX^+IRN7JHJQG8JGB4V1OZ_;SIU5MUN@LS;4TC54RJY$C`J5=900E-V2J!Q
MQ.=P2^Z3O-^A,_[VG@#1X9MF[XV_K%<<W(@BDD^;HI-Q16*J(F(H8PQ`O+@.
M`YO$;X>*U>5?:W-:*2)JFN0$*P@JH5(#Y90!%<!,'$P%#+-QY`6`<\`(/=)W
MF_0F?][3P%HVVV+W^L&[FEQ4QBT4%&*;QIK4R$<MC"&8@8>,)I0$HP&4P%-#
MA@+'X@]B-Q;YO\*[06B!F(L6Z(Y[A-,X*$G$Q1+$>40[88`:>Z3O-^A,_P"]
MIX`W^&/:&]=OG=Q'N1!%$E1(U*V%%8JL11,M/&7EYX8`]8#,!F`Y*M2*96*<
MO3:HV3>,'1!3<-EB@=,Y1XP$H^4(X!9=P_!EF.%7UB5(B*1A,;I%1,>4G,94
M7)0.80Y%*50OQGP`<JGAWWGIIY5K7<K!V':F2<@(?#Z$ZD/EP&JG>'[>6H'D
M0M1X0?A<Y;4/^IP=(,!<_<ZW7Z3K,^F:V$W3-0?-A\$^7DS?\\/+@"[?N^-8
MHNZAVC6IM$+4H#JFL+@8K9.<N-0S3+N$3#Z42M2BF!REY#SX1P%M=;]4AM75
MJ::A5(6C6N$MQW5@!OITW:PP2$`S<TQ3<1-`O=#RB`"'3N_>UQT9U;-M6XHB
MRK%V/3,DZLZ)FHM4TP**AP(,"G5',#+*;@/$,!0G^Z-_6W7*G9=?KI'E0ISN
MDJ-[B8L&XJ*MWRY2*-W+8ZA44C&`X0$HS`7B$>&`(FT-S5NO>NO5G(N>DW54
MZ93XD(3*:-\K*2"0I8RS#Q-$?A'`4*B;[U%;=QQ3G]68)V<=RY;M5U$LE!5$
MADV[91DZ.8%'*QG9C)K`!!2*4HG`TH1`+]O+>E?MFA4E&WRH%K-Q59K0V3MV
M`F0;'=S>G.4/.EDX!\O&$!"F4?>%W9SFZF-\W`I<!Z$@+M$24=2G.CID<E9&
M$.)6QTS.5"D2,01CQ$3=@!/O-^F=.85Q6JVU5*?4*`@R7>T];3"/^(G$B(@J
M14R94PYG.<0EY#WN&`M:%U5*M;>.+BM]F0U549NE:8Q47;.4CN404*D05VJR
MB!R'4('$JO+F)1C`!39&][RAVU67NX%4>/*\R58HGH#JF(4ERW7>`>"95!4*
MBH@:43%54$@@0LQ@[P!@+.V\1-MN:2Q>-J4^>.WE35HO3V0MG)P>))`J`$53
M5%%5-0#%E4(>7M&`!@.PF^-)"LEMYW1G[6Y1?L:<:CF%`ZH=00,X(X`2*"44
M4R$-FF#S>T,!#V'O0N]:4JDE0J%U7!4#O72QDV[1B+>G-WIFV<J0%LN!3!(0
M"F$QH<>(A,'=3/$59M1NOH#=NX.559TU9NTSME3++LRF,<ND35,Z(522")C)
MA./`,!8-LMSV%_L7;QDQ48I-C$`H*N&:QQ!2:`*)MEEE$%"R=XBI2CQ"$>,`
MIMI75N9>=R5NO-*ZSHEIVY6STI6A*M2**.6[0Y1<*K.#>D14,F>)`+PFX#``
MF$.Q+Q(6T+,S]Q1:FUISEF\J%"=K$1`M11IXP<`B`*"8AP")P!0`B7CPB`"&
MESXD*:U+45G-JU=%K2.GJU)<XLX(M:H!1;+&*5P8PF.)P]&4!$/G2C$,!(AO
MU2>M'8FH-2)34:^>UUZV(-]*2H`?+($`5%60P\1-($H0[1A@/FD;^4FJ.*<9
M"@U,M(K3AXWHM8.#<&[G0)G.L:7-S2<4C`68G>^0P`'"AXD:.LS3>A;55*U=
M4Q>L4XQM*!G"#,\KN0H+#+DE`Q^]"8"C#F68-WO*61FZK2O/5C4Z'UG@EHM7
MI-7D?C,V>7N^9YWDXX"%J7NO=,NSJ^@S^I.^O:R;JNMG+G:>?ZW+/"7([D9H
M?.P'>E[#NG+3:O)]966IS];F]=RRY&9/WXPA/'NQYX"V[P^S7U2_B#+TG4)Z
M27-U&LXY6ET_ILWGYO9&;NQP`_M[W=/59SI-3E]88=7U6NZEU.8=%JI_2RS3
M2_DXS=LV`).WGJ1&Y_52>/7GW79\W_-NYJI<WYOF^;W/@P`?1]V37-\CJN9K
MC>J^1U;)U.H+F]&RO1_TB6:3MY<,`7]T?9[ZDNO7[+]78DS,V:?.F]'DY'I<
MV/++XPCV1P`WI/N[>KUV:W51TB/K+U[6]2T<Y=-)JO329LDF3\Z2/&7`>4;V
M*:&K](]9>KY=.ZGD=:ZQ/(IHN7I8Y<T(>CEE[)<!<[<]E'L96Z?F>S[2/-?F
M:K.RIU-;G?\`U3SSS0X_1[L,!2J'[O7JS78=2S-13M?KNH]8U$P]*TT?K$W_
M`&<GYOG=W`66F>S+*M35];UO5U>B=;ZIJ^I97I,S5<99/_7&,.]-@)E_[+?;
M'3-7E^T7IA^FQS?Z)%2,L/0YDN;]_)'LP%#;>[[&V.D]1UN>[Z5T[J.KR=4.
MLU.7Z32Y\8YG#SI>$V`F*3[)O6*K]+Z_HO\`$M7I.L]#SI5.H9.1Z#,\^$G"
M:&7WY,!,;1>S_7W'ZO=5Z[.UZ_U[6ZZ3+/HI];WLO+GD[8<^S`5:I^[Q[7RQ
MSO6SJ+;7:'5Z#J>8&FU63]7S<[GV3QGXS8"+I?NQRUG3ZO1=.>Y&=U#2]/S?
MKW29^Y+F1GR>]":'=FP$Y7/8+TN[>I:G1Z2@^L<-;-IY4^E22]Z/FQR^/TL!
M4+*+M6%_5KUC/4#U4;]J`TJ8KTE-!_FETA3Y1CM#+`IF99C0/",X2PP$Y;WN
MZ>LS?I>OU.M?]%_S'I^;D&U^AC]6EEC-+VRPX2X"69>RSI]MA9L0K@T2IA9(
MN]2*`("4^<*P+0((`?C!40C\(!QP%1DVT]S^7-5Z;E0SLM+5]7U//+GA'.[)
'XY/;#`?_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
