Transocean Ltd. Announces Third Quarter 2012 Earnings Release Date and Conference Call Information

ZUG, SWITZERLAND--(Marketwire - Oct 23, 2012) - Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said it plans to report earnings for the three months ended September 30, 2012, before trading begins on the SIX Swiss Exchange ("SIX") on Monday, November 5, 2012.

The company will conduct a teleconference call at 10:00 a.m. EST (4:00 p.m. CET) on Monday, November 5, 2012. Individuals who wish to participate in the teleconference call should dial +1 719-325-4828 and refer to confirmation code 2448847 approximately five to 10 minutes prior to the scheduled start time of the call.

In addition, the conference call will be simulcast through a listen-only broadcast over the Internet and can be accessed by logging onto the company's website address at www.deepwater.com and selecting "Investor Relations." It may also be accessed at www.CompanyBoardroom.com by typing in the company's NYSE trading symbol, "RIG."

A telephonic replay of the conference call should be available after 1:00 p.m. EST (7:00 p.m. CET) on November 5, 2012, and can be accessed by dialing +1 719-457-0820 or +1 888-203-1112 and referring to the passcode 2448847. Also, a replay will be available through the Internet and can be accessed by visiting either of the above-referenced website addresses. Both replay options will be available for approximately 30 days.

About Transocean
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

Transocean owns or has partial ownership interests in, and operates a fleet of 115 mobile offshore drilling units consisting of 48 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment drilling rigs), 25 Midwater Floaters, nine High-Specification Jackups, 32 Standard Jackups and one swamp barge. Included in the 115 drilling units, the company has 32 Standard Jackups and one swamp barge classified as discontinued operations. In addition, we have six Ultra-Deepwater Drillships and three High-Specification Jackups under construction.

For more information about Transocean, please visit our website at www.deepwater.com.

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