HOUSTON, Dec. 12 /PRNewswire/ -- R&B Falcon Corporation (NYSE: FLC) is
pleased to announce that the holders of a substantial majority of the
outstanding shares of common stock of the Company have approved the two
proposals submitted at its special meeting of stockholders held earlier today.
These proposals included a proposal to adopt the definitive merger agreement
with Transocean Sedco Forex Inc. (Transocean Inc.) and a proposal to extend
voting rights to the outstanding shares of the Company's 13 7/8% Senior
Cumulative Redeemable Preferred Stock.
R&B Falcon Corporation operates the world's largest fleet of marine-based
drilling rigs servicing the international oil and gas industry. Its fleet is
composed of 138 marine-based drilling units including the industry's largest
fleets of barge and jackup rigs, and a fleet of semisubmersibles and
drillships which is among the most capable in the world. R&B Falcon also
provides turnkey and integrated services and operates mobile production units,
internationally-based land drilling rigs and an offshore towing business.
SOURCE R&B Falcon Corporation
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Related links:
http://www.rbfalcon.com
Company News On-Call:
http://www.prnewswire.com/comp/118988.html or fax,
800-758-5804, ext. 118988
CONTACT:
Charles R. Ofner of R&B Falcon Corporation,
281-496-5000
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