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Gulf Island CEO Steps Down

Maritime Activity Reports, Inc.

October 15, 2007

Houma, La.-based Gulf Island Fabrication announced its chief financial officer stepped down and was replaced by the company’s controller and chief accounting officer.

Joseph “Duke” Gallagher, the offshore production platform fabricator’s long-time CFO stepped down Oct. 3. Robin A. Seibert replaced Gallagher.

Gulf Island is a publicly traded company and its Common Stock is listed on the NASDAQ Stock Market under the symbol GIFI.

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