Awilco Drilling PLC

Prospectus • Jul 1, 2014

AWDR - Approved prospectus

AWDR - Approved prospectus

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED

STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION IN WHICH

THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Aberdeen, 30 June 2014

The Financial Supervisory Authority of Norway has approved the prospectus dated

30 June 2014 that has been prepared in connection with listing of Bonds issued

by Awilco Drilling PLC in a USD 125 million Senior Secured Callable Bond issue

with maturity in 2019, ISIN: NO 001070928.0 on Oslo Børs.

The Prospectus will, subject to regulatory restrictions in certain

jurisdictions, be available at www.awilcodrilling.com and www.platou.com. Hard

copies of the Prospectus may also be obtained free of charge by contacting the

Company or RS Platou Markets AS.

RS Platou Markets AS acted as manager in connection with the bond issue.

For further information please contact:

Jon Oliver Bryce, CEO

Phone: +44 1224 737900

Cathrine Haavind, IR Manager

Phone: +47 93 42 84 64

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1808491]