AWDR - Approved prospectus

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Aberdeen, 30 June 2014

The Financial Supervisory Authority of Norway has approved the prospectus dated 30 June 2014 that has been prepared in connection with listing of Bonds issued by Awilco Drilling PLC in a USD 125 million Senior Secured Callable Bond issue with maturity in 2019, ISIN: NO 001070928.0 on Oslo Børs.

The Prospectus will, subject to regulatory restrictions in certain jurisdictions, be available at www.awilcodrilling.com and www.platou.com. Hard copies of the Prospectus may also be obtained free of charge by contacting the Company or RS Platou Markets AS.

RS Platou Markets AS acted as manager in connection with the bond issue.

For further 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.