Noble Corporation Announces Quarterly Cash Dividend

SUGAR LAND, Texas, April 30 /PRNewswire-FirstCall/ -- Noble Corporation (NYSE:NE) announced today that its board of directors declared a quarterly cash dividend of $0.04 per ordinary share. The cash dividend of $0.04 per ordinary share will be paid on May 30, 2008 to shareholders of record on May 14, 2008.

Noble Corporation is a leading offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 62 mobile offshore drilling units located in key markets worldwide, including the U.S. Gulf of Mexico, Middle East, Mexico, the North Sea, Brazil, West Africa and India. The fleet count includes five rigs under construction.

Additional information on Noble Corporation is available via the worldwide web at http://www.noblecorp.com/.

First Call Analyst:
FCMN Contact: bwootton@noblecorp.com

Source: Noble Corporation

CONTACT: investors, Lee M. Ahlstrom, Vice President - Investor Relations
and Planning, +1-281-276-6440, or media, John S. Breed, Director of Corporate
Communications, +1-281-276-6729, both of Noble Drilling Services Inc.

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

2008-04-30 18:58:01 0349788 PRNEWSWIRE