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Hanover Compressor Company Announces Third Quarter 2006 Earnings Conference Call

October, 11, 2006

HOUSTON--(BUSINESS WIRE)--Oct. 11, 2006--Hanover Compressor Company (NYSE:HC) announced today that it will host a conference call at 11:00 a.m. Eastern Time, Thursday, October 26, 2006, to discuss its financial results for the third quarter of 2006 and other matters.

To access the call, United States and Canadian participants should dial (888) 935-4577. International participants should dial (718) 354-1388 at least 10 minutes before the scheduled start time. Please reference Hanover conference call number 8940579.

For those unable to participate, a replay will be available from 2:00 p.m. Eastern Time on Thursday, October 26, until midnight on Thursday, November 2, 2006. To listen to the replay, please dial 888-203-1112 in the U.S. and Canada, or 719-457-0820 internationally and enter access code 8940579.

Additionally, the conference call will be broadcast live over the Internet. To access the webcast, log on to 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 Company

Hanover Compressor Company (NYSE:HC) 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 production, 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. More information can be found on the Internet (www.hanover-co.com).

CONTACT: Hanover Compressor Company, Houston
Investor Relations Inquiries:
Vice President, Investor Relations and Technology
Stephen York, 832-554-4856
syork@hanover-co.com

SOURCE: Hanover Compressor Company

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