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Globalsantafe Board News

16 Dec 2003

GlobalSantaFe Board Approves Quarterly Cash Dividend

GlobalSantaFe Corporation announced that its board of directors has approved a regular cash dividend of $0.05 per ordinary share. This dividend is payable on January 15, 2004, to shareholders of record as of the close of business on December 31, 2003.

06 Dec 2001

GlobalSantaFe Board Approves Cash Dividend

Houston-based offshore drilling contractor GlobalSantaFe Corporation announced that its board of directors has approved a regular quarterly cash dividend of $0.0325 per ordinary share. The dividend is payable on January 15, 2002, to shareholders of record as of the close of business on December 31, 2001. In connection with a recent merger, former Global Marine Inc. shareholders were mailed a transmittal form for the surrender of their common stock in exchange for GlobalSantaFe ordinary shares. Those shareholders who have not surrendered their common stock certificates and transmittal form for exchange by the payment date, will receive their dividend from the exchange agent when the shares are exchanged.

24 Apr 2002

RigNet Appoints Muller to Board of Directors

Edward Muller has been appointed to serve as a member of the Board of Directors of RigNet Inc. Paul Gundersen, RigNet chairman and CEO, said, "Ed Muller brings a valuable blend of industry knowledge and business experience to RigNet. Mr. Edward Muller was elected to the Global Marine Board of Directors in February 1997, and now serves on the GlobalSantaFe Board. A private investor, Mr. Muller was President and Chief Executive Officer of Edison Mission Energy, the wholly owned global power subsidiary of Edison International, from 1993 until 2000. In addition to RigNet, Mr. Muller currently serves as a Director for Interval, Inc., Strategic Data Corp. and The Keith Companies, Inc.