Noble Names Williams as Chairman, CEO and President

Noble Corporation announced that the Company's Board of Directors has named David W. Williams, 50, as Chairman of the Board, Chief Executive Officer and President of Noble Corporation. William A. Sears has held these offices on an interim basis since September 20, 2007.

Williams joined Noble in September 2006 as Senior Vice President -- Business Development of Noble Drilling Services Inc., was named Senior Vice President -- Operations of Noble Drilling Services Inc. in January 2007, and became Senior Vice President and Chief Operating Officer of Noble Corporation in April 2007. Williams has 28 years of energy industry experience and prior to joining Noble, served as Executive Vice President of Diamond Offshore Drilling, Inc.

William A. Sears, Noble Corporation's former interim Chairman of the Board, Chief Executive Officer and President, said "I am pleased that David Williams is the new leader of our Company. With David and the Noble team, I am confident the Company will continue to achieve the high levels of performance and growth for which Noble is well known."

Williams holds a Bachelor of Business Administration degree in Marketing from Texas A&M University. He serves on the board of directors of Spindletop Charities, Inc. and the International Association of Drilling Contractors and is a member of the Society of Petroleum Engineers.