GlobalSantaFe Corporation to Hold First-Quarter 2006 Earnings Conference Call and Webcast

HOUSTON, April 20 /PRNewswire-FirstCall/ -- GlobalSantaFe Corporation has scheduled a conference call to discuss its first-quarter 2006 financial results at 10:00 a.m. CDT (11:00 a.m. EDT) Thursday, May 4, 2006. The financial results are scheduled to be released publicly after the close of trading on the New York Stock Exchange on Wednesday, May 3, 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 17701410), 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. CDT by dialing: [phone] (reference confirmation code 15214319) or through GlobalSantaFe's Web site, (http://www.globalsantafe.com/ ), until 12:00 a.m. CDT on Thursday, May 18, 2006.

About GlobalSantaFe

GlobalSantaFe is a leading worldwide offshore oil and gas drilling contractor offering a full range of equipment and drilling management services and operating a diverse and technologically advanced fleet of 61 offshore rigs. The company's fleet includes premium and heavy-duty, harsh-environment jackups, semisubmersibles, and dynamically positioned ultra-deepwater drillships, as well as an ultra-deepwater semisubmersible under construction and two semisubmersibles operated for third parties under a joint venture agreement. 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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