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Noble Corporation (ticker: NE, exchange: New York Stock Exchange (.N)) News Release - 31-Jan-2005

Noble Corporation to Present at Credit Suisse First Boston 2005 Energy Summit

SUGAR LAND, Texas, Jan 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Noble Corporation (NYSE: NE) announced today that John T. Rynd, the Company's Vice President of Investor Relations, will present at the Credit Suisse First Boston 2005 Energy Summit in Vail, Colorado on Friday, February 4, 2005 at 8:50 a.m., mountain standard time.

If you would like to listen to Mr. Rynd's presentation during the conference, please log on to the following website:

http://w.on24.com/r.htm?e=10858&s=1&k=83205BF16EC9A9F0D4992F8183D16ACD

If you would like to listen to a replay of the presentation, it will be available within 24 hours after the presentation and archived through March 4, 2005. A copy of Mr. Rynd's presentation will also be available at http://www.noblecorp.com within 24 hours of the presentation.

Noble Corporation is a leading provider of diversified services for the oil and gas industry. Contract drilling services are performed with the Company's premium fleet of 60 mobile offshore drilling units located in key markets worldwide. This fleet consists of 13 semisubmersibles, three dynamically positioned drillships, 41 jackups and three submersibles. Approximately 80 percent of the fleet is currently deployed in international markets, principally including the Middle East, Mexico, the North Sea, Brazil, West Africa, India, and the Mediterranean Sea. The Company provides technologically advanced drilling-related products and services designed to create value for our customers. The Company also provides labor contract drilling services, well site and project management services, and engineering services. The Company's ordinary shares are traded on the New York Stock Exchange under the symbol "NE".

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 are forward- looking statements. 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.

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

SOURCE Noble Corporation

John T. Rynd, Vice President - Investor Relations, Noble Drilling Services Inc. of
Noble Corporation, +1-281-276-6100
http://www.prnewswire.com