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Smith International's 10 Largest Creditors

July 21, 1987

Smith International Inc.'s 10 largest creditors, according to its Chapter 11 bankruptcy filing:

1. Hughes Tool Co.*, $205 million.

2. First Fidelity Bank (N.J.), $77 million.

3. Chase Manhattan Bank, $58.3 million.

4. Security Pacific Bank, $27.4 million.

5. Midland Bank (London), $25.6 million.

6. Bank of America, $19.1 million.

7. Morgan Guaranty Trust (N.Y.), $15.1 million.

8. Amsterdam-Rotterdam Bank (London), $13.6 million.

9. Royal Bank of Scotland (London), $12.3 million,

10. Aetna Life Insurance Co., $10.8. million.

*Hughes Tool Co. merged with Baker International Inc. on April 3, 1987, and the new company, Houston-based Baker Hughes, subsequently agreed to accept $95 million from Smith to settle the $205 million court judgment awarded Hughes in a patent infringement suit in March 1986.

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