To: Yogizuna who wrote (148 ) 4/4/2001 2:54:21 PM From: opalapril Read Replies (1) | Respond to of 177 FRIEDE GOLDMAN HALTER DISCUSSES CANCELLED CONFERENCE CALL GULFPORT MS, April 3, 2001 – Friede Goldman Halter, Inc. (NYSE: FGH) commented further about the conference call previously scheduled for today, Tuesday April 3, 2001. This decision was not made lightly, but is deemed to be the best current course of action due to several circumstances. The ongoing complexity of our current negotiations with investors, lenders, and potential lenders, and a personal crisis which prevented one of the company's senior executives from participating in the call, were all integral issues in making this decision. The company does plan to reschedule the call, and a press release will be issued once the new date is determined. In the meantime, questions regarding information in the Form 10-K may be submitted by email to our Investor Relations Group at IR@FGH.COM, or by writing to the company at the corporate address listed below. To ensure that we are consistent and respond appropriately under the guidelines of SEC Regulation FD, we will issue additional press releases immediately upon the availability of information materially relevant to the Company. Friede Goldman Halter is a world leader in the design and manufacture of equipment for the maritime and offshore energy industries. Its operating units are Friede Goldman Offshore (construction, upgrade and repair of drilling units, mobile production units and offshore construction equipment), Halter Marine (construction of ocean-going vessels for commercial and governmental markets), FGH Engineered Products Group (design and manufacture of cranes, winches, mooring systems and marine deck equipment), and Friede & Goldman Ltd. (naval architecture and marine engineering). For information regarding this or any of our press releases, contact: Chris Cunningham Vice President, Investor Relations and Corporate Communications Friede Goldman Halter, Inc. 13085 Seaway Road Gulfport, MS 39503 (228) 897-4987 www.fgh.com *Note: This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of The Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Friede Goldman Halter expects, believes or anticipates will or may occur in the future, are forward-looking statements. These statements are based on certain assumptions and analyses made by Friede Goldman Halter, Inc. in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Friede Goldman Halter and which are discussed in Friede Goldman Halter's Registration Statement on Form S-3, the 1999 Annual Report on Form 10-K, and subsequent Forms 10-Q. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Frame free:fgh.com Inside frame, look for latest press releasefgh.com