Webcast Alert: Global Industries, Ltd. Schedules Press Release and Conference Call on Operating Results for First Quarter Ended March 31, 2008

CARLYSS, La., April 16 /PRNewswire-FirstCall/ -- Global Industries, Ltd. (NASDAQ:GLBL) today announced it will issue a press release reporting the Company's earnings for the First Quarter 2008 before the stock market opens on Thursday, May 8, 2008. The press release will be followed by a conference call with analysts and investors at 9:00 a.m. Central Daylight Time on the same day.

Participating in the call will be:
-- B.K. Chin, Chairman and Chief Executive Officer
-- Peter S. Atkinson, President and Chief Financial Officer

Anyone wishing to listen to the conference call may dial 888.455.8368 (domestic) or 210.839.8890 (international) and request connection to the "Global First Quarter Earnings" call. Phone lines will open fifteen minutes prior to the start of the call. The call will also be webcast in real time on the Company's website at http://www.globalind.com/ where it will be archived for anytime reference until May 29, 2008.

All individuals listening to the conference call or the replay are reminded that all conference call material is copyrighted by Global and cannot be recorded or rebroadcast without Global's express written consent.

Global Industries, Ltd. is a leading offshore solutions provider of offshore construction, engineering, project management and support services including pipeline construction, platform installation and removal, deepwater/SURF installations, IRM, and diving to the oil and gas industry worldwide. 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: Investor Relations of Global Industries, Ltd., +1-281-529-7979

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

2008-04-16 18:54:47 0338141 PRNEWSWIRE