Hornbeck Offshore Services, Inc. announced today that its fourth quarter 2002 earnings release will be issued before the market opens on Thursday, February 27, 2003.

The Company will hold a conference call to discuss these results at 9:00 a.m. (Central Time) on Thursday, February 27, 2003. To participate in the call, callers in the United States/Canada can dial toll-free (800) 642-9816 and international callers can dial (706) 679-3206. The conference ID for all callers is 8374033.

An archived version of the call will be available for replay beginning at 11:00 a.m. (Central Time) Thursday, February 27, 2003 and ending at midnight Thursday, March 6, 2003. To access the replay, the toll-free number for callers in the United States is (800) 642-1687 while the number for international callers is (706) 645-9291. The conference ID for all callers is 8374033.

Forward-Looking Statements

This news release contains forward-looking statements, including, in particular, statements about Hornbeck Offshore's plans and intentions. These have been based on the Company's current assumptions, expectations and projections about future events. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, the Company can give no assurance that the expectations will prove to be correct.