Horizon Offshore Announces Date for Release of 2nd Quarter Results and Conference Call

HOUSTON, Aug. 2, 2004 (PRIMEZONE) -- Horizon Offshore, Inc. (Nasdaq:HOFF) stated today that it expects to announce its financial results for the quarter ended June 30, 2004, on August 9, 2004, before trading opens on the New York Stock Exchange. A conference call is scheduled for 2:00 p.m. Central Time (3:00 p.m. Eastern Time) on August 9, 2004.

The call will be accessible to the public by telephone or web cast. To participate by telephone, dial (800) 524-4293 (US/Canada) and (706) 679-0668 (International) ten minutes before the call begins and ask for the Horizon conference call. A telephonic replay will also be available after the conclusion of the call until August 16, 2004. To access the telephonic replay, dial (800) 642-1687 (US/Canada) and (706) 645-9291 (International) using the conference identification number / pin number 9192699.

Investors will have the opportunity to listen to the conference call over the Internet through Primezone at http://www.irconnect.com/primecast/04/q2/hoff_2q2004.html. To listen to the live call, please go to the Web site at least 15 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be posted after the call through Primezone at http://www.irconnect.com/primecast/04/q2/hoff_2q2004.html until August 16, 2004.

 Participating on the call will be:
 -- Bill Lam - President and Chief Executive Officer
 -- David Sharp - Chief Financial Officer
 -- George Reuter - Senior Vice President and Group Executive

Horizon and its subsidiaries provide marine construction services for the offshore oil and gas and energy industries in the U.S. Gulf of Mexico, West Africa, Southeast Asia, Latin America, and the Mediterranean. The Company's fleet is used to perform a wide range of marine construction activities, including installation of marine pipelines to transport oil and gas and other sub sea production systems, and the installation and abandonment of production platforms.

The Horizon Offshore logo is available at: http://media.primezone.com/prs/single/?pkgid=760

This press release contains certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995, which involve known and unknown risk, uncertainties and other factors. Among the factors that could cause actual results to differ materially are: the Company's substantial amount of debt, high reliance on external sources of financing and improved cash flow to meet its obligations and reduce its existing debt, resolution of the Company's outstanding claims against Pemex and others; industry conditions and volatility; prices of oil and gas; the Company's ability to obtain and the timing of new projects; changes in competitive factors; and other material factors that are described from time to time in the Company's filings with the Securities and Exchange Commission.

Actual events, circumstances, effects and results may be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Consequently, the forward-looking statements often identified with words like "should", "expects", "believes", "anticipates", "may", "could", etc., contained herein should not be regarded as representations by Horizon or any other person that the projected outcomes can or will be achieved.


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