At the company's Annual
General Meeting held today, shareholders of Transocean Inc. (NYSE: RIG)
reelected Roberto L. Monti and Ian C. Strachan as Class III directors.
Shareholders also elected Judy J. Kelly as a newly appointed Class III
director. Ms. Kelly is a retired executive of ExxonMobil Corporation.
She most recently held the position of Vice President-Americas of
ExxonMobil Gas Marketing Company. Ms. Kelly joined a predecessor of
ExxonMobil in its financial organization and served in a variety of
positions during her 31 years at the company. The Class III directors
will serve three-year terms.
In addition, shareholders approved the company's proposed
amendment to its Long-Term Incentive Plan and the appointment of Ernst
& Young LLP as independent registered public accounting firm for 2005.