Awilco Drilling PLC

Director's Dealing • Apr 7, 2014

AWDR - Primary Insider Disclosure

AWDR - Primary Insider Disclosure

Awilco Drilling PLC (AWDR) announces that on 4 April, 2014, Jan Børge Usland,

Commercial Advisor, has exercised 75,079 synthetic share options with a strike

price of NOK 29 and 18,545 synthetic shares in AWDR under the Synthetic Share

Option Plan at a price of NOK 128.95. The synthetic shares relates to dividend

adjustments on the synthetic share options. After the transaction, Jan Børge

Usland holds 12,166 synthetic shares.

Aberdeen, 7 April 2014

For further information please contact:

Jon Oliver Bryce, CEO

Phone: +44 1224 737900

Cathrine Haavind, IR Manager

Phone: +47 93 42 84 64

The information contained herein is subject to the disclosure requirements of

section 4-2 of the Norwegian Securities Trading Act.

[HUG#1774918]