Item 8.01 Other Events.

On June 18, 2009, Cameron notified holders of its 1.50% Convertible Senior Debentures due 2024 (CUSIP Nos. 216640AE2 and 216640AD4) (the "Notes") that it is exercising its right to redeem for cash all of the outstanding Notes in an aggregate principal amount of $131,098,000. The Notes will be redeemed on July 20, 2009 at a redemption price equal to 100% of the principal amount, plus accrued and unpaid interest up to, but not including, the redemption date. The redemption is being made solely pursuant to the Notice of Redemption dated June 18, 2009, which will be delivered to the holders of the Notes by U.S. Bank National Association, the trustee under the indenture governing the Notes (the "Indenture").

The Notes may be converted at any time prior to 5:00 p.m., New York City time, on July 17, 2009 in accordance with the terms set forth in the Indenture and the Notes. Questions regarding the redemption or requests for copies of the Notice of Redemption should be directed to the trustee at U.S. Bank National Association, Corporate Trust Services, 1349 W. Peachtree Street, Suite 1050, Atlanta, GA, 30309, Attn: Jack Ellerin, (404) 898-8830.

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