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<div align="justify" style="font-size: 10pt; margin-top: 10pt"><b>Note 17 — Other Financial Information</b>
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<div align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">The following are Swiss statutory disclosure requirements:
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<div align="justify" style="font-size: 10pt; margin-top: 10pt"><i>(i) Expenses</i>
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<div align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">Total personnel expenses amounted to $649 million, $564 million and $581 million for the years
ended December 31, 2010, 2009 and 2008, respectively.
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<div align="justify" style="font-size: 10pt; margin-top: 10pt"><i>(ii) Fire Insurance</i>
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<div align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">Total fire insurance values of property and equipment amounted to $8.3 billion and $8.2
billion at December 31, 2010 and 2009, respectively.
</div>
<div align="justify" style="font-size: 10pt; margin-top: 10pt"><i>(iii) Risk assessment and Management</i>
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<div align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">The Board of Directors, together with the management of Noble, is responsible for assessing
risks related to the financial reporting process and for establishing and maintaining adequate
internal control over financial reporting. Internal control over financial reporting is a process
designed by, or under the supervision of the Chief Executive Officer and Chief Financial Officer to
provide reasonable assurance regarding the reliability of financial reporting and the preparation
of Noble’s consolidated financial statements for external purposes in accordance with GAAP.
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<b>
</b>
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<div align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">The Board, operating through its Audit Committee composed entirely of directors who are not
officers or employees of the Company, is responsible for oversight of the financial reporting
process and safeguarding of assets against unauthorized acquisition, use, or disposition. The Audit
Committee meets with management, the independent registered public accountants and the internal
auditor; approves the overall scope of audit work and related fee arrangements; and reviews audit
reports and findings. In addition, the independent registered public accountants and the internal
auditor meet separately with the Audit Committee, without management representatives present, to
discuss the results of their audits; the adequacy of the Company’s internal control; the quality of
its financial reporting; and the safeguarding of assets against unauthorized acquisition, use, or
disposition.
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