NYSE: RIG 4.25 0.29 6.39% 6:30 P.M. ET
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Transocean Ltd. Announces Investor Conference Call Information

May 24, 2010

ZUG, SWITZERLAND, May 24, 2010 (MARKETWIRE via COMTEX) --Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today said it plans toconduct a teleconference call for its investors at 10:00 a.m. ET(4:00 p.m. CET) on Friday, May 28, 2010. Individuals who wish toparticipate in the teleconference call should dial 913-312-0980 andrefer to confirmation code 4913727 approximately five to 10 minutesprior to the scheduled start time of the call.

In addition, the conference call will be simulcast through alisten-only broadcast over the Internet and can be accessed bylogging onto the company's Worldwide Web address at www.deepwater.comand selecting \"Investor Relations.\" It may also be accessed via theWorldwide Web at www.CompanyBoardroom.com by typing in the company'sNew York Stock Exchange trading symbol, \"RIG.\"

A telephonic replay of the conference call should be available after1:00 p.m. ET (7:00 p.m. CET) on May 28, and can be accessed bydialing 719-457-0820 and referring to the passcode 4913727. Also, areplay will be available through the Internet and can be accessed byvisiting either of the above-referenced Worldwide Web addresses. Bothreplay options will be available for approximately 30 days.

Transocean Ltd. is the world's largest offshore drilling contractorand the leading provider of drilling management services worldwide.With a fleet of 139 mobile offshore drilling units plus threeannounced ultra-deepwater newbuild units, the company's fleet isconsidered one of the most modern and versatile in the world due toits emphasis on technically demanding segments of the offshoredrilling business. The company owns or operates a contract drillingfleet of 45 High-Specification Floaters (Ultra-Deepwater, Deepwaterand Harsh-Environment semisubmersibles and drillships), 26 MidwaterFloaters, 10 High-Specification Jackups, 55 Standard Jackups andother assets utilized in the support of offshore drilling activitiesworldwide.

SOURCE: Transocean Ltd.