Global Industries, Ltd. to Present at Raymond James 29th Annual Institutional Investors Conference

CARLYSS, La., Feb. 26 /PRNewswire-FirstCall/ -- Global Industries, Ltd. (NASDAQ:GLBL) announced today that it will participate in the Raymond James & Associates 29th Annual Institutional Investors Conference March 2-5, 2008. The Conference is being held at the Hyatt Regency Grand Cypress in Orlando, Florida. B. K. Chin, Chief Executive Officer and Chairman of the Board, will make a presentation on Monday, March 3, 2008 at 8:40 a.m. EST. Copies of the slide presentation will be posted on the Company's website following the event.

Global Industries provides offshore construction, engineering, project management and support services including pipeline construction, SURF installations, platform installation and removal, and diving to the oil and gas industry around the world. The Company's shares are traded on the NASDAQ Global Select Market under the symbol "GLBL".

This press release may contain forward-looking information based on current information and expectations of the Company that involve a number of risks, uncertainties, and assumptions. Among the factors that could cause the actual results to differ materially are industry conditions, prices of crude oil and natural gas, the Company's ability to obtain and the timing of new projects, and changes in competitive factors. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual outcomes could vary materially from those indicated.

First Call Analyst:
FCMN Contact:

Source: Global Industries, Ltd.

CONTACT: Peter S. Atkinson of Global Industries, Ltd., +1-281-529-7979

Web site: http://www.globalind.com/

2008-02-26 21:28:16 0298991 PRNEWSWIRE