AFFILIATED COMPUTER: Indenture Default Action v. Trustee Ongoing

Affiliated Computer Services Inc. continues to pursue the lawsuit filed against Wilmington Trust Co., as the Trustee, in the U.S. District Court, Northern District of Texas, Dallas Division.

On June 6, 2005, the Company completed a public offering of US$250…

AFFILIATED COMPUTER: Hanscom Base Procurement Review Continues

The internal investigation and review of Affiliated Computer Services Inc. on the procurement process at Hanscom Air Force Base in Mass. through outside legal counsel will proceed until the conclusion of the U.S. Department of Justice’s investigatory process.

One of the…

DUKE ENERGY: Working with Gov’t Probe on DETC Trading Operations

Duke Energy Corp. continues cooperating with the government in its trading related investigation.

Beginning in February 2004, the Company has received requests for information from the U.S. Attorney’s office in Houston focused on the natural gas price reporting activities of certain…

TRANSOCEAN INC: Disputing Rio de Janeiro’s $153M Tax Assessments

Transocean Inc. continues to contest the US$153 million tax assessments from the state tax authorities of Rio de Janeiro, Brazil.

In the third quarter of 2006, the Company received the US$153 million tax assessments against one of the Company’s Brazilian…

TRANSOCEAN INC: Customs Matter on Sedco 710 Drilling Rig Ongoing

One of Transocean Inc.’s subsidiaries is involved in an action with respect to a customs matter relating to the Sedco 710 semisubmersible drilling rig.

Before the Company’s merger with Sedco Forex, this drilling rig, which was working for Petrobras in…

TRANSOCEAN INC: Industrial Complex Design Cases Ongoing v. Unit

One of Transocean Inc.’s subsidiaries is involved in lawsuits arising out of the subsidiary’s involvement in the design, construction and refurbishment of major industrial complexes.

The operating assets of the subsidiary were sold and its operations discontinued in 1989, and the…

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