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Transocean Ltd. Updates Investor Conference Call Information

May 25, 2010

ZUG, SWITZERLAND, May 25, 2010 (MARKETWIRE via COMTEX) --Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today provided additionaldetails on the teleconference call for its investors to be held at10:00 a.m. ET (4:00 p.m. CET) on Friday, May 28, 2010. Mr. Steven L.Newman, President and CEO, will host the call and will comment onrecent events and provide a summary of his Congressional testimony.He will then take questions from investors and analysts.

Individuals who wish to participate in the teleconference call shoulddial +1 913-312-0980 and refer to confirmation code 4913727approximately five to 10 minutes prior to the scheduled start time ofthe 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 +1 719-457-0820 and referring to the passcode 4913727. Also,a replay will be available through the Internet and can be accessedby visiting either of the above-referenced Worldwide Web addresses.Both replay 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.