Awilco Drilling PLC

Capital/Financing Update • Jul 2, 2014

Oslo Børs - AWDR01 - New bond issue to be listed 02.07.2014

Oslo Børs - AWDR01 - New bond issue to be listed 02.07.2014

New bond issue to be listed on Oslo Børs on the

02.07.2014

Issue name: Awilco Drilling plc 14/19 7,00% USD C

Ticker: AWDR01

Instrument ID: 1301166

ISIN: NO0010709280

Segment: OBOC

Country: UK

Trading currency: USD

Current outstanding principal amount: 125 mill,

limited issue

Interest accrual date: 09.04.2014

Maturity date: 09.04.2019

Coupon rate: 7,00% p.a.

Sector list: Industry Bonds

Managers: RS Platou Markets AS

Central Securities Depository: VPS

Oslo Børs has received approved prospectus which will

be available at [http://www.awilcodrilling.com],

[http://www.platou.com] and [http://www.oslobors.no]

from the first day of listing.