ENSCO INTL INC
SymbolESV

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Ensco Announces Plan to Change Corporate Structure

2009-11-09 07:33 ET - News Release

Designed to Enhance Worldwide Business Operations


Company Website: http://www.enscointernational.com
DALLAS -- (Business Wire)

Ensco International Incorporated (NYSE: ESV) today announced that its Board of Directors has unanimously approved a plan to change the Company’s corporate structure. The contemplated restructuring is designed to further enhance Ensco’s worldwide business operations.

Under the proposed plan, Ensco’s legal domicile would change from Delaware to the U.K., where the corporate headquarters would be relocated. Ensco has substantial operations in the U.K. and most of the Company’s senior executive officers would be based in the U.K. under the contemplated restructuring. The plan is subject to approval by the majority of Ensco’s stockholders.

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