Global Industries Announces Management Changes

Global Industries, Ltd. has appointed William J. Dore, Jr. to the position of Vice President - Investor Relations. In this position he will oversee capital fund raising activities, communications to the investment community, and company communications including the newsletter and brochures. He will continue to oversee Marketing Services, Corporate Communications, and Marketing Intelligence groups in addition to his Investor Relations responsibilities. He will be is based in Houston, Texas and continue to report to Tim Miciotto, Senior Vice President and Chief Financial Officer.

Mr. Dore, Jr. joined the Company as International Marketing Manager in August 1995 and later appointed Corporate Director - Investor Relations in August 1999. He is a 1988 graduate of the University of Southwestern Louisiana (USL) in Business Administration.

William J. Dore, Global's Chairman and Chief Executive Officer, stated: "The investor relations function is critical to the success of any publicly-held company. The company's reputation, seen through investor presentations and conferences, annual report, and other communications, is paramount. It is essential someone with industry, investment community, and corporate respect fill such a position of trust."