ICAHN WINS SEAT ON TRANSOCEAN BOARD

(The following is a reformatted version of a press release
issued by Carl Icahn and received via electronic mail. The
release was confirmed by the sender.) 
ICAHN WINS SEAT ON TRANSOCEAN BOARD 
Shareholders send clear message that immediate fiscal discipline
is a necessity 
New York, New York, May 17, 2013 / -- Carl Icahn today made the
following statement on Transocean Ltd. (NYSE: RIG): 
I am very pleased with the tremendous support that our nominee,
Samuel Merksamer, obtained from shareholders in winning a seat
on the Transocean board of directors. Although we are
disappointed that our nominee, José Maria Alapont, lost by
approximately 1 million votes, we believe that the shareholders
have today sent an unequivocal and vocal message to the
incumbent directors and management, by voting out the Chairman,
that immediate discipline must be brought to all fiscal and
capital allocation decisions. We expect that the newly
constituted board will take prompt action to deliver that sorely
needed change. 
I wish to thank all the shareholders who supported us. 
Contact: Susan Gordon (212) 702-4309 
(bjh) NY 
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