GlobalSantaFe Corporation to Hold Fourth-Quarter and Year-End 2005 Earnings Conference Call and Webcast

HOUSTON, Feb. 9 /PRNewswire-FirstCall/ -- GlobalSantaFe Corporation has scheduled a conference call to discuss its fourth-quarter and year-end 2005 financial results at 10:00 a.m. CST (11:00 a.m. EST) Thursday, February 23, 2006. The financial results are scheduled to be released publicly after the close of trading on the New York Stock Exchange on Wednesday, February 22, 2006.

Interested parties may listen to the call over the Internet or by telephone. To participate in the live call, dial [phone] (reference confirmation code 765814), or go to the GlobalSantaFe Web site, (http://www.globalsantafe.com/ ), at least 15 minutes early to register and to download and install any necessary audio software.

For those who cannot listen to the live broadcast, a replay will be available starting at 1:00 p.m. CST by dialing [phone] (reference confirmation code 765814) or through GlobalSantaFe's Web site, (http://www.globalsantafe.com/ ), until 12:00 a.m. CST on Thursday, March 2, 2006.

About GlobalSantaFe

GlobalSantaFe is a leading worldwide offshore oil and gas drilling contractor offering a full range of equipment and drilling management services. The company's diverse and technologically advanced fleet of 59 offshore rigs includes premium and heavy-duty, harsh-environment jackups, semisubmersibles, and dynamically positioned, ultra-deepwater drillships. The company also operates two semisubmersibles owned by others. In addition, GlobalSantaFe is the world's leading provider of turnkey drilling and drilling management services. More information can be found at http://www.globalsantafe.com/ .

Contacts: Investors Media Richard Hoffman Jeff Awalt Tel: [phone] Tel: [phone]
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