Transocean to Present at Conference

February 4, 2003

Gregory L. Cauthen, Transocean Inc. Senior V.P., CFO and Treasurer, will make a presentation at the Credit Suisse First Boston Energy Summit Conference in Vail, Colo. Cauthen is scheduled to present on Thursday, February 6, 2003. The live presentation and a replay will be publicly accessible through the company’s website at www.deepwater.com.

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