Noble Corporation Names Julie H. Edwards to Board of Directors

Noble Corporation (NYSE: NE) announced that Julie H. Edwards has joined the Board of Directors effective as of February 3, 2006. Ms. Edwards, age 47, is serving in the class of directors who will stand for re-election to a three-year term at the April 27, 2006 annual general meeting of members of the Corporation.

Ms. Edwards has served as Senior Vice President and Chief Financial Officer of Southern Union Company since July 2005 and immediately prior to that served as Executive Vice President - Finance and Administration and Chief Financial Officer, as well as in other various financial roles, for Frontier Oil Corporation from 1991 to 2005. Southern Union Company is primarily engaged in the transportation and distribution of natural gas. None of Ms. Edwards' prior employers is a parent, subsidiary or other affiliate of Noble Corporation. Ms. Edwards holds an MBA from The Wharton School of the University of Pennsylvania and a bachelor's degree in geology and geophysics from Yale University. She also serves as a director of the NATCO Group, Inc.