Global Marine/Santa Fe Receive Notice of Early Termination

Global Marine Inc. announced that early termination of the Hart-Scott-Rodino antitrust review filing period was granted. This is one of the regulatory approvals required before the Global Marine/Santa Fe International Corporation merger can be consummated.

In addition, Santa Fe International filed a Form S-4 registration statement with the Securities and Exchange Commission that includes the joint proxy statement of both companies.

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