Borr Drilling — Share Issue/Capital Change 2019

Jun 25, 2019

Borr Drilling Limited (BDRILL) - Reverse share split information

Borr Drilling Limited (BDRILL) - Reverse share split information

Reference is made to announcements from Borr Drilling Limited (the "Company") as

of 21 June 2019 and 24 June 2019. The shares in the Company will be traded ex

reverse split with new ISIN BMG1466R2078 and new par value from 26 June 2019.

Ratio: 5 old shares give 1 new share.

Following completion of the reverse share split and adjustment for fractional

shares, the new number of issued underlying shares and depository receipts of

the Company will be 106,528,065, each with a par value of USD 0.05, and the new

share capital will be USD 5,326,403.25.

25 June 2019

Borr Drilling Limited

Hamilton, Bermuda

This information is published in accordance with the requirements of the

Continuing Obligations and applies to shares listed on Oslo Stock Exchange.