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<font SIZE="2">
<p ALIGN="CENTER">As filed with the Securities and Exchange Commission on May
16, 2002. Registration No. 333-______</p>
<hr align="right" noshade size="5">
</font><b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<font SIZE="2"><br>
Washington, D.C. 20549</p>
</font></b>
<p align="center">&nbsp;<b><font SIZE="4">FORM S-8</p>
</font><font SIZE="2">
<p ALIGN="CENTER">REGISTRATION STATEMENT<br>
UNDER<br>
THE SECURITIES ACT OF 1933</p>
<p ALIGN="CENTER">__________</p>
<p ALIGN="CENTER">Gulf Island Fabrication, Inc.</font></b><font SIZE="2"><i><br>
(Exact name of registrant as specified in its charter)</p>
</i></font>
<p ALIGN="CENTER"><center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="7" WIDTH="734" height="60">
  <tr>
    <td WIDTH="50%" VALIGN="TOP" height="46"><b><font SIZE="2">
      <p ALIGN="CENTER">Louisiana</font></b><i><font SIZE="2"><br>
      (State or other jurisdiction<br>
      of incorporation or organization)</font></i></td>
    <td WIDTH="50%" VALIGN="TOP" height="46"><b><font SIZE="2">
      <p ALIGN="CENTER">72-1147390</font></b><i><font SIZE="2"><br>
      (I.R.S. Employer<br>
      Identification No.)</font></i></td>
  </tr>
</table>
</center><b><font SIZE="2">
<p ALIGN="CENTER">583 Thompson Road<br>
Houma, Louisiana 70363</font></b><font SIZE="2"><i><br>
(Address, including zip code, of<br>
Principal Executive Offices)</p>
</i><b>
<p ALIGN="CENTER">Gulf Island Fabrication, Inc. 2002 Long-Term Incentive Plan</b><i><br>
(Full title of the plan)</p>
</i></font>
<p ALIGN="CENTER">__________</p>
<b><font SIZE="2">
<p ALIGN="CENTER">Kerry J. Chauvin<br>
President and Chief Executive Officer<br>
Gulf Island Fabrication, Inc.<br>
583 Thompson Road<br>
Houma, Louisiana 70363<br>
(985) 872-2100</font></b><font SIZE="2"><i><br>
(Name, address, including zip code, and telephone number,<br>
including area code, of agent for service)</p>
</i>
<p ALIGN="CENTER">Copy to:<b><br>
Margaret F. Murphy<br>
Jones, Walker, Waechter, Poitevent, Carr&#232;re &amp; Den&#232;gre, L.L.P.<br>
201 St. Charles Avenue<br>
New Orleans, Louisiana 70170-5100</p>
</b>
<p ALIGN="CENTER">&nbsp;</p>
<b>
<p ALIGN="CENTER">CALCULATION OF REGISTRATION FEE</p>
</b></font>
<div align="center">
  <center>
<table BORDER="1" CELLSPACING="2" CELLPADDING="2" WIDTH="95%">
  <tr>
    <td WIDTH="28%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Title of securities<br>
      to be registered</font></p>
    </td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Amount<br>
      to be<br>
      registered<sup>(1)</sup></font></p>
    </td>
    <td WIDTH="19%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Proposed maximum<br>
      offering price<br>
      per share</font></p>
    </td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Proposed maximum<br>
      aggregate<br>
      offering price</font></p>
    </td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Amount of<br>
      registration<br>
      fee</font></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="28%" VALIGN="baseline" HEIGHT="26"><font SIZE="1">
      <p>Common Stock, no par value per share</font></td>
    <td WIDTH="16%" VALIGN="baseline" HEIGHT="26"><font SIZE="1">
      <p ALIGN="RIGHT">500,000 Shares</font></td>
    <td WIDTH="19%" VALIGN="baseline" HEIGHT="26">
      <p ALIGN="RIGHT"><font SIZE="1">$ 18.35 <sup>(2)</sup></font></td>
    <td WIDTH="20%" VALIGN="baseline" HEIGHT="26"><p ALIGN="RIGHT"><font size="1">$9,175,000<sup>
      (2)</sup></font></td>
    <td WIDTH="17%" VALIGN="baseline" HEIGHT="26"><font SIZE="1">
      <p ALIGN="RIGHT">$844.10<sup> (2)</sup></font></td>
  </tr>
</table>
  </center>
</div>
<font SIZE="1">
<div align="center">
  <table border="0" width="100%">
    <tr>
      <td width="5%" valign="top">
        <p align="right">
<font SIZE="1">
(1)&nbsp;
</font></td>
      <center>
      <td width="95%">
<font SIZE="1">
 Upon a future stock split, stock dividend or similar
  transaction involving Common Stock of the Company during the effectiveness of
  this Registration Statement, the number of securities registered shall be
  automatically increased to cover the additional securities in accordance with
  Rule 416(a) under the Securities Act of 1933.
</font></td>
      </tr>
    </center>
    <tr>
      <td width="5%" valign="top">
        <p align="right">
<font SIZE="1">
(2)&nbsp;
</font></td>
      <center>
      <td width="95%">
<font SIZE="1">
 Estimated solely for the purpose of calculating the
  registration fee pursuant to Rule 457(c) under the Securities Act of 1933,
  based on the average of the high and low price per share of the Common Stock
  reported on the Nasdaq Stock Market on May 10, 2002.
</font></td>
      </tr>
    </table>
  </center>
</div>
<blockquote>
  <p ALIGN="JUSTIFY">&nbsp;</p>
  <p ALIGN="JUSTIFY">&nbsp;</p>
</font><font SIZE="2">
<p ALIGN="JUSTIFY">&nbsp;</p>
</blockquote>
</font><b>
<p ALIGN="CENTER">PART II</p>
<p ALIGN="center">&nbsp;INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;<b>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Incorporation of Documents by Reference.</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The following documents, which have been filed by Gulf Island
Fabrication, Inc. (the &quot;Company&quot;) with the Securities and Exchange
Commission (the &quot;Commission&quot;), are incorporated herein by reference:</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp;&nbsp; The Company's latest Annual Report on Form 10-K filed
pursuant to Section 13 of the Securities Exchange Act of 1934 (the
&quot;Exchange Act&quot;);</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;&nbsp; All other reports filed by the Company with the
Commission pursuant to Section 13(a) or 15(d) of the Exchange Act since the end
of the fiscal year covered by the Annual Report referred to in (a) above; and</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c)&nbsp;&nbsp;&nbsp;&nbsp; The description of the Common Stock included in Item 1 of
the Company's Registration Statement on Form 8-A dated March 27, 1997.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
All reports filed by the Company with the Commission pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the
date of this Registration Statement and prior to the filing of a post-effective
amendment hereto that indicates that all securities offered have been sold or
that deregisters all securities then remaining unsold shall, except to the
extent otherwise provided by Regulation S-K or any other rule promulgated by the
Commission, be deemed to be incorporated by reference in this Registration
Statement and to be part hereof from the date of filing of such documents. Any
statements contained in a document incorporated or deemed to be incorporated by
reference shall be deemed to be modified or superseded to the extent that a
statement contained herein or in any other document subsequently filed or
incorporated by reference herein modifies or supersedes such statement. Any
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.</p>
<p ALIGN="JUSTIFY"><b>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Description of Securities.</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.</p>
<p ALIGN="JUSTIFY">&nbsp;<b>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interests of Named Experts and Counsel.</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.</p>
<p ALIGN="JUSTIFY">&nbsp;<b>Item 6.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;
<b>Indemnification of Directors and
        Officers.</p>
        </b>
        <p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        In accordance with Louisiana law, the Company's Articles of
Incorporation contain provisions eliminating the personal liability of directors
and officers to the Company and its shareholders for monetary damages for
breaches of their fiduciary duties as directors or officers, except for (i) a
breach of a director's or officer's duty of loyalty to the Company or its
shareholders, (ii) acts or omissions not in good faith or that involve
intentional misconduct or a knowing violation of law, (iii) dividends or stock
repurchases or redemptions that are illegal under Louisiana law, and (iv) any
transaction from which a director or officer receives an improper personal
benefit. As a result of the inclusion of such provisions, shareholders may be
unable to recover monetary damages against directors or officers for actions
taken by them that constitute negligence or gross negligence or that are in
violation of their fiduciary duties, although it may be possible to obtain
injunctive or other equitable relief with respect to such actions. If equitable
remedies are found not to be available to shareholders in any particular case,
shareholders may not have any effective remedy against the challenged conduct.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company believes that these provisions are necessary to
attract and retain qualified individuals to serve as directors and officers. In
addition, such provisions will allow directors and officers to perform their
duties in good faith without undue concern about personal liability if a court
finds their conduct to have been negligent or grossly negligent. On the other
hand, the potential remedies available to a shareholder of the Company will be
limited, and it is possible, although unlikely, that directors or officers
protected by these provisions may not demonstrate the same level of diligence or
care that they would otherwise demonstrate.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company's By-laws require the Company to indemnify its
officers and directors against certain expenses and costs, judgments,
settlements and fines incurred in the defense of any claim, including any claim
brought by or in the right of the Company, to which they were made parties by
reason of being or having been officers or directors, subject to certain
conditions and limitations.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Each of the Company's directors and executive officers has
entered into an indemnity agreement with the Company, pursuant to which the
Company has agreed under certain circumstances to purchase and maintain
directors' and officers' liability insurance. The agreements also provide
that the Company will indemnify the directors and executive officers against any
costs and expenses, judgments, settlements and fines incurred in connection with
any claim involving a director or executive officer by reason of his position as
director or executive officer that are in excess of the coverage provided by any
such insurance, provided that the director or executive officer meets certain
standards of conduct. Under the indemnity agreements, the Company is not
required to purchase and maintain directors' and officers' liability
insurance if it is not reasonably available or, in the reasonable judgment of
the Board of Directors, there is insufficient benefit to the Company from the
insurance.</p>
<p ALIGN="JUSTIFY"><b>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exemption From Registration Claimed.</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.</p>
<p ALIGN="JUSTIFY">&nbsp;<b>Item 8.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;
<b>Exhibits.</p>
</b>
<table border="0" width="100%">
  <tr>
    <td width="37">
<p ALIGN="JUSTIFY"></p>
    </td>
    <td width="46">
<p ALIGN="JUSTIFY">5.1</p>
    </td>
    <td width="656">
<p ALIGN="JUSTIFY">Opinion of Jones, Walker, Waechter, Poitevent,
        Carr&#232;re &amp; Den&#232;gre, L.L.P.</p>
    </td>
  </tr>
  <tr>
    <td width="37">
        <p ALIGN="JUSTIFY"></p>
    </td>
  </tr>
  <tr>
    <td width="37">
        <p ALIGN="JUSTIFY"></p>
    </td>
    <td width="46">
        <p ALIGN="JUSTIFY">23.1</p>
    </td>
    <td width="656">
        <p ALIGN="JUSTIFY">Consent of Ernst &amp; Young LLP</p>
    </td>
  </tr>
  <tr>
    <td width="37">
        <p ALIGN="JUSTIFY"></p>
    </td>
  </tr>
  <tr>
    <td width="37">
        <p ALIGN="JUSTIFY"></p>
    </td>
    <td width="46">
        <p ALIGN="JUSTIFY">23.2</p>
    </td>
    <td width="656">
        <p ALIGN="JUSTIFY">Consent of Jones, Walker, Waechter, Poitevent,
        Carr&#232;re &amp; Den&#232;gre, L.L.P. (included in Exhibit 5.1).</p>
    </td>
  </tr>
</table>
        <b>
        <p ALIGN="JUSTIFY">Item 9.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;
        <b>Undertakings.</p>
        </b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;&nbsp;&nbsp;
The undersigned registrant hereby undertakes:</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1.&nbsp;&nbsp;&nbsp;&nbsp; To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to include any material
information with respect to the plan of distribution not previously disclosed in
the registration statement or any material change to such information in the
registration statement.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
2.&nbsp;&nbsp;&nbsp;&nbsp; That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
3.&nbsp;&nbsp;&nbsp;&nbsp; To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;&nbsp;&nbsp;
The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;&nbsp;&nbsp;
Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceedings) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question of whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.</p>
<b>
<p ALIGN="CENTER">SIGNATURES</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Houma, State of Louisiana, on May 16, 2002.</p>
<div align="right">
  <table border="0" width="50%" height="157">
    <tr>
      <td width="100%" height="21">GULF ISLAND FABRICATION, INC.</td>
    </tr>
    <tr>
      <td width="100%" height="21">&nbsp;</td>
    </tr>
    <tr>
      <td width="100%" height="40">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        /S/ KERRY J. CHAUVIN
        <hr width="93%" align="right">
      </td>
    </tr>
    <tr>
      <td width="100%" height="59">
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Kerry J. Chauvin<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Chairman of the Board,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
President and Chief Executive Officer</p>
      </td>
    </tr>
  </table>
</div>
<b>
<p ALIGN="CENTER">POWER OF ATTORNEY</p>
</b>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KNOW ALL MEN BY THESE PRESENTS that each person whose signature appears below
constitutes and appoints Kerry J. Chauvin and Joseph P. Gallagher, III, or
either one of them, his true and lawful attorney-in-fact and agent, with full
power of substitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange
Commission, granting unto such attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and ratifying
and confirming all that such attorney-in-fact and agent or his substitute or
substitutes may lawfully do or cause to be done by virtue hereof.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
dates indicated.</p>
<table CELLSPACING="0" BORDER="0" WIDTH="100%">
  <tr>
    <td WIDTH="38%" VALIGN="TOP"><u>
      <p ALIGN="CENTER">Signature</u></td>
    <td WIDTH="40%" VALIGN="TOP"><u>
      <p ALIGN="CENTER">Title</u></td>
    <td WIDTH="22%" VALIGN="TOP"><u>
      <p ALIGN="CENTER">Date</u></td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="bottom">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      /S/ KERRY J. CHAUVIN</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Chairman of the Board, President and Chief Executive
      Officer (Principal Executive Officer)</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="top">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Kerry J. Chauvin
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="bottom"><u>
      </u>
      <p ALIGN="CENTER">/S/ JOSEPH P. GALLAGHER, III</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Vice President &#150; Finance, Chief Financial Officer and
      Treasurer (Principal Financial Officer)</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Joseph P. Gallagher, III
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="bottom"><u>
      </u>
      <p ALIGN="CENTER">/S/ ROBIN A. SEIBERT</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Controller and Chief Accounting Officer (Principal
      Accounting Officer)</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Robin A. Seibert</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">&nbsp;</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">&nbsp;</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ GREGORY J. COTTER</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Gregory J. Cotter
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      &nbsp;
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ THOMAS E. FAIRLEY</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Thomas E. Fairley
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      &nbsp;
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ HUGH J. KELLY</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Hugh J. Kelly
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      &nbsp;
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ ALDEN J. LABORDE</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Alden J. Laborde
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      &nbsp;
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ JOHN P. LABORDE</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">John P. Laborde
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      &nbsp;
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p></p>
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"><u>
      </u>
      <p ALIGN="CENTER">/S/ HUEY J. WILSON</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
      <p ALIGN="CENTER">Director</td>
    <td WIDTH="22%" VALIGN="MIDDLE">
      <p align="center">May 16, 2002</td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <hr align="right">
    </td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE">
      <p align="center">Huey J. Wilson</td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
  <tr>
    <td WIDTH="38%" VALIGN="MIDDLE"></td>
    <td WIDTH="40%" VALIGN="MIDDLE">
    </td>
    <td WIDTH="22%" VALIGN="MIDDLE">
    </td>
  </tr>
</table>
<p>&nbsp;</p>

</body>

</html>
[{"type": "S-8", "sequence": "1", "filename": "forms8.htm", "secsgml_size_bytes": 29189}]
{"company-data": {"conformed-name": "GULF ISLAND FABRICATION INC", "cik": "0001031623", "assigned-sic": "3440", "irs-number": "721147390", "state-of-incorporation": "LA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-88466", "film-number": "02655190"}, "business-address": {"street1": "GULF ISLAND FABRICATION INC", "street2": "583 THOMPSON RD", "city": "HOUMA", "state": "LA", "zip": "70361", "phone": "5048722100"}, "mail-address": {"street1": "P O BOX 310", "city": "HOUMA", "state": "LA", "zip": "70361"}}
As filed with the Securities and Exchange Commission on May
16, 2002. Registration No. 333-______
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
__________
Gulf Island Fabrication, Inc.
(Exact name of registrant as specified in its charter)
Louisiana
(State or other jurisdiction
of incorporation or organization)
72-1147390
(I.R.S. Employer
Identification No.)
583 Thompson Road
Houma, Louisiana 70363
(Address, including zip code, of
Principal Executive Offices)
Gulf Island Fabrication, Inc. 2002 Long-Term Incentive Plan
(Full title of the plan)
__________
Kerry J. Chauvin
President and Chief Executive Officer
Gulf Island Fabrication, Inc.
583 Thompson Road
Houma, Louisiana 70363
(985) 872-2100
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copy to:
Margaret F. Murphy
Jones, Walker, Waechter, Poitevent, Carrère & Denègre, L.L.P.
201 St. Charles Avenue
New Orleans, Louisiana 70170-5100
CALCULATION OF REGISTRATION FEE
Title of securities
to be registered
Amount
to be
registered
(1)
Proposed maximum
offering price
per share
Proposed maximum
aggregate
offering price
Amount of
registration
fee
Common Stock, no par value per share
500,000 Shares
$ 18.35
(2)
$9,175,000
(2)
$844.10
(2)
(1)
Upon a future stock split, stock dividend or similar
  transaction involving Common Stock of the Company during the effectiveness of
  this Registration Statement, the number of securities registered shall be
  automatically increased to cover the additional securities in accordance with
  Rule 416(a) under the Securities Act of 1933.
(2)
Estimated solely for the purpose of calculating the
  registration fee pursuant to Rule 457(c) under the Securities Act of 1933,
  based on the average of the high and low price per share of the Common Stock
  reported on the Nasdaq Stock Market on May 10, 2002.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.        
Incorporation of Documents by Reference.
The following documents, which have been filed by Gulf Island
Fabrication, Inc. (the "Company") with the Securities and Exchange
Commission (the "Commission"), are incorporated herein by reference:
(a)     The Company's latest Annual Report on Form 10-K filed
pursuant to Section 13 of the Securities Exchange Act of 1934 (the
"Exchange Act");
(b)     All other reports filed by the Company with the
Commission pursuant to Section 13(a) or 15(d) of the Exchange Act since the end
of the fiscal year covered by the Annual Report referred to in (a) above; and
(c)     The description of the Common Stock included in Item 1 of
the Company's Registration Statement on Form 8-A dated March 27, 1997.
All reports filed by the Company with the Commission pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the
date of this Registration Statement and prior to the filing of a post-effective
amendment hereto that indicates that all securities offered have been sold or
that deregisters all securities then remaining unsold shall, except to the
extent otherwise provided by Regulation S-K or any other rule promulgated by the
Commission, be deemed to be incorporated by reference in this Registration
Statement and to be part hereof from the date of filing of such documents. Any
statements contained in a document incorporated or deemed to be incorporated by
reference shall be deemed to be modified or superseded to the extent that a
statement contained herein or in any other document subsequently filed or
incorporated by reference herein modifies or supersedes such statement. Any
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.
Item 4.         Description of Securities.
Not applicable.
Item 5.        
Interests of Named Experts and Counsel.
Not applicable.
Item 6.
Indemnification of Directors and
        Officers.
In accordance with Louisiana law, the Company's Articles of
Incorporation contain provisions eliminating the personal liability of directors
and officers to the Company and its shareholders for monetary damages for
breaches of their fiduciary duties as directors or officers, except for (i) a
breach of a director's or officer's duty of loyalty to the Company or its
shareholders, (ii) acts or omissions not in good faith or that involve
intentional misconduct or a knowing violation of law, (iii) dividends or stock
repurchases or redemptions that are illegal under Louisiana law, and (iv) any
transaction from which a director or officer receives an improper personal
benefit. As a result of the inclusion of such provisions, shareholders may be
unable to recover monetary damages against directors or officers for actions
taken by them that constitute negligence or gross negligence or that are in
violation of their fiduciary duties, although it may be possible to obtain
injunctive or other equitable relief with respect to such actions. If equitable
remedies are found not to be available to shareholders in any particular case,
shareholders may not have any effective remedy against the challenged conduct.
The Company believes that these provisions are necessary to
attract and retain qualified individuals to serve as directors and officers. In
addition, such provisions will allow directors and officers to perform their
duties in good faith without undue concern about personal liability if a court
finds their conduct to have been negligent or grossly negligent. On the other
hand, the potential remedies available to a shareholder of the Company will be
limited, and it is possible, although unlikely, that directors or officers
protected by these provisions may not demonstrate the same level of diligence or
care that they would otherwise demonstrate.
The Company's By-laws require the Company to indemnify its
officers and directors against certain expenses and costs, judgments,
settlements and fines incurred in the defense of any claim, including any claim
brought by or in the right of the Company, to which they were made parties by
reason of being or having been officers or directors, subject to certain
conditions and limitations.
Each of the Company's directors and executive officers has
entered into an indemnity agreement with the Company, pursuant to which the
Company has agreed under certain circumstances to purchase and maintain
directors' and officers' liability insurance. The agreements also provide
that the Company will indemnify the directors and executive officers against any
costs and expenses, judgments, settlements and fines incurred in connection with
any claim involving a director or executive officer by reason of his position as
director or executive officer that are in excess of the coverage provided by any
such insurance, provided that the director or executive officer meets certain
standards of conduct. Under the indemnity agreements, the Company is not
required to purchase and maintain directors' and officers' liability
insurance if it is not reasonably available or, in the reasonable judgment of
the Board of Directors, there is insufficient benefit to the Company from the
insurance.
Item 7.         Exemption From Registration Claimed.
Not applicable.
Item 8.
Exhibits.
5.1
Opinion of Jones, Walker, Waechter, Poitevent,
        Carrère & Denègre, L.L.P.
23.1
Consent of Ernst & Young LLP
23.2
Consent of Jones, Walker, Waechter, Poitevent,
        Carrère & Denègre, L.L.P. (included in Exhibit 5.1).
Item 9.
Undertakings.
(a)    
The undersigned registrant hereby undertakes:
1.     To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to include any material
information with respect to the plan of distribution not previously disclosed in
the registration statement or any material change to such information in the
registration statement.
2.     That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
3.     To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.
(b)    
The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
(c)    
Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceedings) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question of whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Houma, State of Louisiana, on May 16, 2002.
GULF ISLAND FABRICATION, INC.
By:                      
        /S/ KERRY J. CHAUVIN
Kerry J. Chauvin
Chairman of the Board,
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS that each person whose signature appears below
constitutes and appoints Kerry J. Chauvin and Joseph P. Gallagher, III, or
either one of them, his true and lawful attorney-in-fact and agent, with full
power of substitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange
Commission, granting unto such attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and ratifying
and confirming all that such attorney-in-fact and agent or his substitute or
substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
dates indicated.
Signature
Title
Date
/S/ KERRY J. CHAUVIN
Chairman of the Board, President and Chief Executive
      Officer (Principal Executive Officer)
May 16, 2002
Kerry J. Chauvin
/S/ JOSEPH P. GALLAGHER, III
Vice President – Finance, Chief Financial Officer and
      Treasurer (Principal Financial Officer)
May 16, 2002
Joseph P. Gallagher, III
/S/ ROBIN A. SEIBERT
Controller and Chief Accounting Officer (Principal
      Accounting Officer)
May 16, 2002
Robin A. Seibert
/S/ GREGORY J. COTTER
Director
May 16, 2002
Gregory J. Cotter
/S/ THOMAS E. FAIRLEY
Director
May 16, 2002
Thomas E. Fairley
/S/ HUGH J. KELLY
Director
May 16, 2002
Hugh J. Kelly
/S/ ALDEN J. LABORDE
Director
May 16, 2002
Alden J. Laborde
/S/ JOHN P. LABORDE
Director
May 16, 2002
John P. Laborde
/S/ HUEY J. WILSON
Director
May 16, 2002
Huey J. Wilson