Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.10 per share on Gulf Island Fabrication, Inc.'s approximately 14.2 million shares of common stock outstanding.

Gulf Island Fabrication, Inc. (NASDAQ: GIFI), will announce 2007 third quarter earnings after the market close on Thursday, October 25, 2007. The management of Gulf Island Fabrication, Inc. will hold a conference call on Friday, October 26, 2007, at 9:00 a.m. Central Time (10:00 a.m.

Gulf Island Fabrication, Inc. (NASDAQ: GIFI) announced today that Joseph "Duke" Gallagher is stepping down as the Company's Chief Financial Officer and Treasurer effective today, and that Robin A.

Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today announced that Johannes Ikdal has been elected by the Board of Directors of Gulf Island Fabrication, Inc. as the President of G. M. Fabricators, L. P. d/b/a Gulf Marine Fabricators, the Company's South Texas facility. Mr.

Gulf Island Fabrication, Inc. (NASDAQ: GIFI), will postpone its fourth quarter and fiscal year-end 2006 earnings release previously scheduled after the market close on Tuesday, February 13, 2007 and conference call previously scheduled for Wednesday, February 14, 2007 at 9:00 a.m.