Hanover Compressor Announces Year End 2004 Conference Call Details

January 31, 2005

HOUSTON--(BUSINESS WIRE)--Jan. 31, 2005--Hanover Compressor Company (NYSE:HC) announced today that it will host a conference call at 11:00 a.m. Eastern time, Friday, Feb. 18, 2005 to discuss financial results and other matters for the fourth quarter and full year ended Dec. 31, 2004. To access the call, US and Canadian participants should dial 877-639-1065, international participants should dial 706-679-5932 at least ten minutes before the scheduled start time. Please reference Hanover conference call number 1549779. For those unable to participate, a replay will be available from 2:00 p.m. Eastern time on Friday, Feb. 18, 2005 until midnight on Friday, March 18, 2005. To listen to the replay, please dial 800-642-1687 in the United States and Canada, or 706-645-9291 internationally, enter access code 1549779. Additionally, the conference call will be broadcast live over the Internet. To access the webcast, log onto the company's Web site (www.hanover-co.com) and click on the webcast link located on the company's home page.

About Hanover Compressor

Hanover Compressor Company (www.hanover-co.com) is a global market leader in full service natural gas compression and a leading provider of service, fabrication and equipment for oil and natural gas processing and transportation applications. Hanover sells and rents this equipment and provides complete operation and maintenance services, including run-time guarantees for both customer-owned equipment and its fleet of rental equipment. Founded in 1990 and a public company since 1997, Hanover's customers include both major and independent oil and gas producers and distributors as well as national oil and gas companies.

CONTACT: Hanover Compressor Company, Houston
Lee Beckelman, 281-447-8787

SOURCE: Hanover Compressor Company