Transocean Inc. Shareholders Approval All Proposals at Annual General Meeting
Also, shareholders approved the appointment of Ernst & Young LLPas the company's independent registered public accounting firm for2007.
Transocean Inc. is the world's largest offshore drillingcontractor with a fleet of 82 mobile offshore drilling units. Thecompany's mobile offshore drilling fleet, consisting of a large numberof high-specification deepwater and harsh environment drilling units,is considered one of the most modern and versatile in the world due toits emphasis on technically demanding segments of the offshoredrilling business. The company's fleet consists of 33High-Specification Floaters (semisubmersibles and drillships), 20Other Floaters, 25 Jackups and other assets utilized in the support ofoffshore drilling activities worldwide. With a current equity marketcapitalization in excess of $25 billion, Transocean Inc.'s ordinaryshares are traded on the New York Stock Exchange under the symbol\"RIG.\"
SOURCE: Transocean Inc.
Transocean Inc., Houston
John Briscoe, 713-232-7551
Guy A. Cantwell, 713-232-7647