Awilco Drilling PLC

Major Shareholding Notification • Sep 3, 2014

Mandatory notification of trade

Mandatory notification of trade

The Awilhelmsen Group (through Awilco Drilling AS)

has today sold 1,634,162 shares in Awilco Drilling

PLC ("AWDR" or the "Company") at a price of NOK 120

per share. After the transaction, the Awilhelmsen

Group (through Awilco Drilling AS) owns 12,998,938

shares, or 43.3% of the registered share capital in

the Company. The Awilhelmsen Group is committed to

continue to be a long-term industrial owner of AWDR.

The Awilhelmsen Group is represented on the Board of

Directors of AWDR by Sigurd E. Thorvildsen, the CEO

of the Awilhelmsen Group of companies, who acts as

Non-executive Director and Chairman of the Board and

Henrik Fougner, the COO of the Awilhelmsen Group, who

acts as Non-executive Director of the Board.

For further information please contact:

Sigurd E. Thorvildsen

Phone: +47 22 01 42 00