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Global Industries to Present at Raymond James 25th Annual Institutional Investors Conference

    CARLYSS, La., Feb. 25 /PRNewswire-FirstCall/ -- Global Industries, Ltd.
(Nasdaq: GLBL) announced today that it will participate in the Raymond James &
Associates 25th Annual Institutional Investors Conference February 29 -
March 3, 2004.  The Conference is being held at the Hyatt Regency Grand
Cypress in Orlando, Florida.  Global Industries' Chief Executive Officer,
William J. Dore, will make a presentation on Monday, March 1, 2004 at
3:25 p.m. CST.  Copies of the slide presentation will be posted on the
Company's web site following the event.
    Global Industries provides pipeline construction, platform installation
and removal, diving services, and other marine support to the oil and gas
industry in the Gulf of Mexico, West Africa, Asia Pacific, Middle East/India,
South America, and Mexico's Bay of Campeche.  The Company's shares are traded
on the Nasdaq National Market System 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.

    For more information, contact Investor Relations, Global Industries, Ltd.,
11490 Westheimer, Suite 400, Houston, TX 77077.  Tel. (281) 529-7979 or
http://www.globalind.com .

    For additional news releases on Global Industries, Ltd., please visit
Global's web site at http://www.globalind.com .


SOURCE Global Industries, Ltd.




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Related links:
  • http://www.globalind.com
  • http://www.rjcapitalmarkets.com/conference_detail_main.asp?content_id=39
    CONTACT:
    William J. Dore Jr. of Global Industries,
    Ltd., +1-281-529-7979