Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announced today that the Bank of New York Mellon has been appointed as Depositary in connection with EDC's Global Depositary Receipt 144A/Regulation S programme. A Supplemental Agreement between parties is effective from 3 November 2014 and relates to a Deposit Agreement dated 1 November 2007.

DR Holders do not need to take any action in connection with this notice.

Certified or conformed copies of the Agreements shall be filed with The Bank of New York Mellon and the Custodian and shall be available to Holders for inspection during normal business hours on any business day at the specified offices of the Depositary and any Agent and at the Main Office of the Custodian.

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 The Bank of New York Mellon is a state-chartered New York banking corporation and a member of the United States Federal Reserve System, subject to regulation and supervision principally by the United States Federal Reserve Board and the New York State Banking Department.  The Bank of New York Mellon was constituted in 1784 in the State of New York.  It is a wholly owned subsidiary of The Bank of New York Mellon Corporation, a New York bank holding company. Established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company. Inc., The Bank of New York Mellon Corporation is a leading asset management and securities servicing company. The Bank of New York Mellon Corporation's registered address is One Wall Street, New York, New York 10286 and its principal administrative offices are located at 101 Barclay Street, 22 floor, New York, New York 10286. For more information please visit www.bnymellon.com

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EDC is the largest provider of onshore drilling services in Russia, as measured by the number of metres drilled, providing onshore integrated well construction services and workover services.  The Company also provides offshore drilling services in the Caspian Sea and is the largest provider of such services in the sectors where it operates based on the number of jack-up drilling rigs. The Company offers its onshore integrated well construction services and workover services to local and international oil and gas companies primarily in Russia and its offshore drilling services to Russian and international oil and gas companies in the Russian, Kazakh and Turkmen sectors of the Caspian Sea. In addition, the Company provides onshore drilling services in Iraq. The Company is traded on the London Stock Exchange under the symbol "EDCL".

For further information, please contact:

Tom O'Gallagher, Marketing and Investor Relations
Evgeniya Bitsenko, Investor Relations
+44 (0) 207 717 9707
investors.relations@eurasiadrilling.com

Hudson Sandler
Andrew Hayes/ Maria Ignatova 
+44 (0)20 7796 4133

October 15, 2014

­­­­­Some of the views expressed in this document may constitute "forward looking statements" that involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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