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W. Richard Anderson to Leave Board of Directors

June 29, 2011

ZUG, SWITZERLAND, Jun 29, 2011 (MARKETWIRE via COMTEX) --

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that W.Richard Anderson has resigned from its Board of Directors, effectiveimmediately, due to the demands of his duties as Chief FinancialOfficer of Eurasia Drilling Company Limited.

Transocean Ltd. President and Chief Executive Officer Steven L.Newman said, \"We greatly appreciate the many contributions that RichAnderson has made to our Board of Directors and our company, inparticular his financial insights. We will miss Rich and wish him allthe best.\"

About Transocean Transocean is the world's largest offshore drillingcontractor and the leading provider of drilling management servicesworldwide. With a fleet of 138 mobile offshore drilling units as wellas three high-specification jackups under construction, Transocean'sfleet is considered one of the most modern and versatile in the worlddue to its emphasis on technically demanding segments of the offshoredrilling business. Transocean owns or operates a contract drillingfleet of 47 High-Specification Floaters (Ultra-Deepwater, Deepwaterand Harsh-Environment semisubmersibles and drillships), 25 MidwaterFloaters, nine High-Specification Jackups, 53 Standard Jackups andother assets utilized in the support of offshore drilling activitiesworldwide.

For more information about Transocean, please visit our website atwww.deepwater.com.

SOURCE: Transocean Ltd.