SUGAR LAND, Texas, Oct. 25 /PRNewswire-FirstCall/ -- Noble Corporation (NYSE: NE) announced today that its board of directors declared a quarterly cash dividend of $0.04 per ordinary share. The cash dividend of $0.04 per ordinary share will be paid on December 3, 2007 to shareholders of record on November 7, 2007.

Noble Corporation is a leading provider of diversified services for the oil and gas industry. The Company performs contract drilling services with its fleet of 62 mobile offshore drilling units located in key markets worldwide, including the U.S. Gulf of Mexico, Middle East, Mexico, the North Sea, Brazil, West Africa and India. The fleet count includes five rigs under construction.

Additional information on Noble Corporation is available via the worldwide web at http://www.noblecorp.com.

SOURCE Noble Corporation

/CONTACT: Investors, Lee M. Ahlstrom, Vice President - Investor Relations and Planning, +1-281-276-6440, or Media, John S. Breed, Director of Corporate Communications, +1-281-276-6729, both of Noble Drilling Services Inc./

/Web site: http://www.noblecorp.com /