Exhibit 99.1

 

NEWS RELEASE

 

For further information contact:

 

Kerry J. Chauvin

  Joseph “Duke” Gallagher

Chief Executive Officer

  Chief Financial Officer

985.872.2100

  985.872.2100

FOR IMMEDIATE RELEASE

MONDAY, JULY 7, 2003

 

GULF ISLAND FABRICATION, INC.

TO ANNOUNCE EARNINGS RESULTS

AND QUARTERLY CONFERENCE CALL

 

Houma, LA—(BUSINESS WIRE)—July 7, 2003—Gulf Island Fabrication, Inc. (NASDAQ: GIFI), will announce 2003 second quarter earnings on Wednesday, July 23, 2003 during morning market hours.

 

The management of Gulf Island Fabrication, Inc. will hold a conference call on Thursday, July 24, 2003, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the Company’s financial results for the quarter ended June 30, 2003.

 

The call is accessible by webcast through CCBN and by dialing the following:

 

Dial In:

1.800.838.4403

 

Webcast:

www.gulfisland.com

 

A digital rebroadcast of the call is available two hours after the call and ending July 31, 2003 by dialing:

 

Phone Number:

1.800.428.6051

 

Replay Passcode:

299819

 

Gulf Island Fabrication, Inc., based in Houma, Louisiana, is a leading fabricator of offshore drilling and production platforms, offshore living quarters and other specialized structures used in the development and production of offshore oil and gas reserves. The Company also offers offshore interconnect pipe hook-up, inshore marine construction, manufacture and repair of pressure vessels, and steel warehousing and sales.