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[STK] NYSE:NE
[IN]
[SU] DIV
TO BUSINESS EDITORS:
Noble Corporation Board Sets Schedule For Dividend Payment
LONDON, April 25, 2014 /PRNewswire/ -- Noble Corporation (NYSE: NE)
today announced its Board of Directors has scheduled the payment of
the Company's quarterly cash dividend of $0.375 per share. The
ex-dividend date for this payment is expected to be May 1, 2014, with
a record date of May 5, 2014 and a payment date of May 15, 2014.
An aggregate dividend in the amount of USD $1.00 per share, to be paid
in four quarterly installments of USD $0.25 per share, was previously
approved by shareholders at the Company's Annual General Meeting
on April 26, 2013. This is the fourth installment of those previously
approved payments. In January 2014, the Board approved increasing the
quarterly dividend to a total of $0.375 per share, or $1.50 per share
on an annualized basis. The Company expects that this dividend will be
treated as a qualified dividend for purposes of U.S. taxes.
About Noble Corporation Noble is a leading offshore drilling
contractor for the oil and gas industry. Noble performs, through its
subsidiaries, contract drilling services with a fleet of 77 offshore
drilling units (including two ultra-deepwater drillships and three
high-specification jackup drilling rigs currently under construction),
located worldwide, including in the U.S. Gulf
of Mexico and Alaska, Mexico, Brazil, the North Sea, the
Mediterranean, West Africa, the Middle
East, India, Malaysia and Australia. Noble's shares are traded on
the New York Stock Exchange under the symbol "NE." Noble Corporation
plc is a public limited company registered in England and Wales with
company number 08354954 and registered office at Devonshire House, 1
Mayfair Place, London, W1J 8AJ England. Additional information
on Noble Corporation is available on the Company's Web site
Forward-looking disclosure statement This news release may contain
"forward-looking statements" about the business, financial performance
and prospects of the Company. Statements about the Company's or
management's plans, intentions, expectations, beliefs, estimates,
predictions, or similar expressions for the future, including any
statements regarding the payment of any dividend, the timing or amount
of such payment, the anticipated tax treatment of any such payment,
capital allocation strategy and anticipated returns, are
forward-looking statements that involve certain risks, uncertainties
and assumptions. No assurance can be given that the outcomes of these
forward-looking statements will be realized, and actual results could
differ materially from those expressed as a result of various factors.
A discussion of these factors, including risks and uncertainties, is
set forth from time to time in the Company's filings with the U.S.
Securities and Exchange Commission (the "SEC").
SOURCE Noble Corporation
-0- 04/25/2014
/CONTACT: For Investors: Jeffrey L. Chastain, Vice President - Investor Relations and Corporate Communications, Noble Drilling Services Inc., 281-276-6383, For Media: John S. Breed, Director of Investor Relations and Corporate Communications, Noble Drilling Services Inc., 281-276-6729
/Web Site: http://www.noblecorp.com
(NYSE:NE) /
CO: Noble Corporation
ST: United Kingdom
SU: DIV
PRN
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