Exterran Holdings, Inc. (“Exterran”) (NYSE: EXH) announced today that it has commenced a registered exchange offer to exchange up to $350 million aggregate principal amount of its 7.25% Senior Notes due 2018 which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for any and all of its outstanding 7.25% Senior Notes due 2018, which were issued in a private placement (the “Private Notes”).

The sole purpose of the exchange offer is to fulfill the obligations of Exterran with respect to the registration of the Private Notes. Pursuant to a registration rights agreement entered into by Exterran in connection with the sale of the Private Notes, Exterran agreed to file with the Securities and Exchange Commission a registration statement relating to the exchange offer pursuant to which the Exchange Notes, containing substantially identical terms to the Private Notes, would be offered in exchange for Private Notes that are tendered by the holders of those notes.

The exchange offer will expire at 5:00 p.m., New York City time, on Dec. 6, 2011, unless extended. Private Notes tendered pursuant to the exchange offer may be withdrawn at any time prior to the expiration date by following the procedures set forth in the exchange offer prospectus.

The terms of the exchange offer are contained in the exchange offer prospectus and related letter of transmittal. Requests for assistance or for copies of the exchange offer prospectus and related letter of transmittal should be directed to the exchange agent, Wells Fargo Bank, National Association, at (800) 344-5128.

This press release shall not constitute an offer to sell any securities or a solicitation of an offer to buy any securities. The exchange offer will be made only by means of a written prospectus.

ABOUT EXTERRAN

Exterran Holdings, Inc. is a global market leader in full service natural gas compression and a premier provider of operations, maintenance, service and equipment for oil and gas production, processing and transportation applications. Exterran serves customers across the energy spectrum — from producers to transporters to processors to storage owners. Headquartered in Houston, Texas, Exterran has more than 10,000 employees and operates in approximately 30 countries.

For more information, visit www.exterran.com.

Forward-Looking Statements:

All statements, other than statements of historical fact, included in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon current expectations and are subject to a number of risks, uncertainties and assumptions, which are more fully described in Exterran’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. These risks, uncertainties and assumptions could cause actual results to differ materially from those described in the forward-looking statements. Exterran assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.

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