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Global Industries Announces New VP

Maritime Activity Reports, Inc.

February 5, 2002

Global Industries, Ltd. has appointed J. Michael Pearson to the position of senior vice president – strategic planning. In this position, he will have corporate oversight responsibility for project performance on a worldwide basis. Pearson has 30 years of engineering and construction management experience, including 25 years with McDermott International, Inc. where he progressed from field engineer to vice president/general manager of major domestic and international construction projects. Most recently, Pearson acted as president of the CAByL joint venture project constructing offshore platforms for Pemex’s Cantarell Field at Enron Engineering and Construction Company. Pearson holds a BS degree in Civil Engineering from Louisiana Tech University. He is a member of the National Society of Professional Engineers and a former Commissioned Officer of the United States Marine Corps.

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