TEXT-S&P release on Newpark Resources

(The following statement was released by the rating agency)

March 10 - Standard & Poor's Ratings Services said today that its ratings
and outlook on Newpark Resources Inc. (NR.N: Quote, Profile, Research) (B+/Stable/--) are not affected by
the company's announcement that it is postponing the sale of its environmental
services division until the second quarter of 2008. We view the proposed sale,
for approximately $80 million, as favorable for credit because a portion of the
proceeds will be applied toward debt repayment under the senior secured
facilities, and because exiting the segment allows the company to focus more
closely on its core drilling fluids operations. If the company defers the sale
further, we will comment on the rating and outlook at that time.
(New York Ratings Team)