Awilco Drilling PLC

Director's Dealing • Dec 3, 2015

AWDR - Primary Insider Disclosure

AWDR - Primary Insider Disclosure

Awilco Drilling PLC (AWDR) announces that on 29th November, 2015, the following

synthetic share transactions occurred:

Ian Wilson, Chief Financial Officer, has had 18,770 synthetic share options with

a strike price of NOK 29 and 17,991 synthetic shares in AWDR automatically

exercised under the Synthetic Share Plan at a price of NOK 35.06. After this

transaction and as of today, Ian Wilson holds 78,226 synthetic shares. The

numbers of auto-exercised synthetic shares, as well as the remaining number of

synthetic shares, will be adjusted to reflect the Q3 2015 dividend payment once

the USD/NOK exchange rate of the dividend payment planned for 18th December

2015 is known.

Aberdeen, 3 December, 2015

For more 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#1971081]