Awilco Drilling PLC (AWDR) announces that on 17 July, 2014, the following synthetic share transactions occurred:

Jon Oliver Bryce, Chief Executive Officer, has exercised 124,416 synthetic share options with a strike price of NOK 29 and 21,277 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 151.54. After this transaction Jon Oliver Bryce holds 48,405 synthetic shares.

Roddy Smith, Executive Vice President, has exercised 43,723 synthetic share options with a strike price of NOK 29 and 6,178 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 151.54. After this transaction Roddy Smith holds 26,277 synthetic shares with a strike price of NOK 29 and 40,718 synthetic shares.

Ian Wilson, Chief Financial Officer, has exercised 56,309 synthetic share options with a strike price of NOK 29 and 17,558 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 151.54. After this transaction Ian Wilson holds 18,770 synthetic shares with a strike price of NOK 29 and 37,799 synthetic shares.

Gary Holman, Operations Director, has exercised 37,540 synthetic share options with a strike price of NOK 29 and 11,707 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 151.54. After this transaction Gary Holman holds 37,539 synthetic shares with a strike price of NOK 29 and 45,558 synthetic shares.

Claus Mørch, Technical Advisor, has exercised 90,095 synthetic share options with a strike price of NOK 29 and 28,094 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 151.54. After this transaction Claus Mørch holds 12,798 synthetic shares.

Aberdeen, 18 July, 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 of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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