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Noble Corporation Board Schedules Previously Approved Dividend Payment To Shareholders

  Noble Corporation Board Schedules Previously Approved Dividend Payment To
                                 Shareholders

PR Newswire

ZUG, Switzerland, Feb. 1, 2013

ZUG, Switzerland, Feb. 1, 2013 /PRNewswire/ --Noble Corporation (NYSE: NE)
today reported that the Company's Board has set the record and payment dates
for the third installment of a payment to shareholders in the form of a
dividend funded from the Company's capital contribution reserve. This
installment payment will be in the amount of USD $0.13 per share. The
ex-dividend date for this payment is expected to beFebruary 7, 2013, with a
record date of February 11, 2013and a payment date of February 21, 2013. 

An aggregate dividend in the amount of USD $0.52 per share, to be paid in four
quarterly installments of USD $0.13 per share, was previously approved by
shareholders at the Company's Annual General Meeting on April 27, 2012. This
payment is the third of these installments, with the final installment
expected to be paid in May 2013. We expect 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 79 offshore drilling units (including five ultra-deepwater drillships
and six 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
and Australia. Noble's shares are traded on the New York Stock Exchange under
the symbol "NE." Additional information on Noble Corporation is available on
the Company's Web site at http://www.noblecorp.com.

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 or
the anticipated tax treatment of any such payment, 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.

SOURCE Noble Corporation

Website: http://www.noblecorp.com
Contact: Investors, Jeffrey L. Chastain, Vice President - Investor Relations
and Corporate Communications, Noble Drilling Services Inc., +1-281-276-6383,
or Media, John S. Breed, Director of Investor Relations and Corporate
Communications, Noble Drilling Services Inc., +1-281-276-6729
 
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