HOUSTON , Oct. 25 /PRNewswire-FirstCall/ -- GlobalSantaFe Corporation (NYSE: GSF) has scheduled a conference call to discuss its third-quarter 2007 financial results at 10:00 a.m. CDT ( 11:00 a.m. EDT ) Thursday, November 1, 2007 . The financial results are scheduled to be released publicly after the close of trading on the New York Stock Exchange on Wednesday, October 31, 2007 .

Interested parties may listen to the call over the Internet or by telephone. To participate in the live call, dial (617) 614-3472 (reference confirmation code 95464339), or go to the GlobalSantaFe Web site, (http://www.globalsantafe.com), at least 15 minutes early to register and to download and install any necessary audio software.

For those who cannot listen to the live broadcast, a replay will be available starting at 1:00 p.m. CDT by dialing: (617) 801-6888 (reference confirmation code 13643191) or through GlobalSantaFe's Web site, (http://www.globalsantafe.com), until 12:00 a.m. CDT on Thursday, November 15, 2007 .

About GlobalSantaFe

GlobalSantaFe is one of the largest offshore oil and gas drilling contractors and the leading provider of drilling management services worldwide. The company owns or operates a contract drilling fleet of 37 premium jackup rigs; six heavy-duty, harsh environment jackups; 11 semisubmersibles and three dynamically positioned, ultra-deepwater drillships, as well as two semisubmersibles owned by third parties and operated under a joint venture agreement. In addition, it is scheduled to take delivery of a new ultra-deepwater semisubmersible in 2009 and a new ultra-deepwater drillship in 2010. For more information about GlobalSantaFe, go to http://www.globalsantafe.com.

    Contacts:

    Investors                      Media
    Richard Hoffman                Jeff Awalt
    Tel: 281 925 6441              Tel:  281 925 6448

SOURCE GlobalSantaFe Corporation