News Release

Notice of First Quarter 201 4 Results Update

MOSCOW, April 9, 2014 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, will report its first quarter update for the three months ended 31 March 2014 on 17 April 2014 .

A conference call for investors and analysts hosted by senior management of the Company, will be held on the same day at 3:00 p.m. BST. Equivalent times for other locations: 4:00 p.m. Central Europe, 6:00 p.m. Moscow, 10:00 a.m. New York.

Participants dial-in details:

UK Tel : 0844-871-9461

US Tel:+1-646-741-2120

International Tel: +44-1452-541003

Conference ID : 26532678

Conference title : Eurasia Drilling Company 1Q 2014 Results Conference Call

Toll free numbers are also available:

UK: 0800-694-5707

USA: 1-866-254-0808

A replay of the conference call will be available until midnight (BST) April 30, 2014 on:

UK Tel: 0844-338-6600

International : +44-1452-550000

Toll free numbers are also available:

UK: 0800-953-1533

USA: 1-866-247-4222

Access code to all the replay numbers: 26532678#

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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".

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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 

April 9, 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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