AWDR – Primary Insider Disclosure

Awilco Drilling PLC (AWDR) announces that on 5th December, 2014, the following synthetic share transactions occurred:

Roddy Smith, Executive Vice President, has exercised 26,277 synthetic share options with a strike price of NOK 29 and 8,461 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 81.39. After this transaction Roddy Smith holds 57,005 synthetic shares.

Aberdeen, 7 December, 2014

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.