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NOBLE DECLARES DIVIDEND ON PREFERRED STOCK

 NOBLE DECLARES DIVIDEND ON PREFERRED STOCK
 HOUSTON, Feb. 3 /PRNewswire/ -- The board of directors of Noble


Drilling Corp. (NASDAQ: NDCO) has declared the quarterly dividend of $.5625 per share on the company's $2.25 Convertible Exchangeable Preferred Stock, payable on March 31, 1992, to holders of record of the Preferred Stock at the close of business on March 20, 1992.
 Noble Drilling Corp. is a major drilling contractor with offshore and land operations in the United States, Canada, the United Kingdom, Africa, the Middle East and the Far East. The company's outstanding Common Stock and $2.25 Convertible Exchangeable Preferred Stock are traded in the NASDAQ/NMS under the symbols NDCO and NDCOP, respectively.
 -0- 2/3/92
 /CONTACT: Byron L. Welliver of Noble Drilling Corp., 713-974-3131/
 (NDCO) CO: Noble Drilling Corp. ST: Texas IN: OIL SU: DIV


RM -- SF006 -- 6296 02/03/92 15:39 EST
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Publication:PR Newswire
Date:Feb 3, 1992
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