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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): DECEMBER 21, 1998
R&B FALCON CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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DELAWARE 1-13729 76-0544217
(STATE OR OTHER (COMMISSION (I.R.S. EMPLOYER
JURISDICTION OF FILE NUMBER) IDENTIFICATION NO.)
INCORPORATION)
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901 THREADNEEDLE, HOUSTON, TX 77079
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (281) 496-5000
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Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99 - Press Release dated December 21, 1998 -
R&B Falcon Corporation announces
development on JACK BATES contract.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
R&B FALCON CORPORATION
By /s/ Leighton E. Moss
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Leighton E. Moss
Senior Vice President
Dated: December 21, 1998
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EXHIBIT INDEX
Exhibits
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Exhibit 99 - Press Release dated December 21, 1998 - R&B Falcon
Corporation announces development on JACK BATES contract.
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EXHIBIT 99
For More Information Contact: Charles R. Ofner
(281) 496-5000
R&B FALCON CORPORATION ANNOUNCES DEVELOPMENT REGARDING
JACK BATES CONTRACT
Houston, Texas - December 21, 1998 - R&B Falcon Corporation (NYSE:FLC)
announced that on December 21, 1998, it received notice from Mobil North Sea
Limited that Mobil was terminating the drilling contract on the semisubmersible
rig "Jack Bates." Mobil has alleged certain performance breaches relating to
equipment and personnel deficiencies as the basis for notice of termination. The
Company believes it did not breach the contract and intends to pursue its legal
remedies to enforce its rights under the contract.
