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Odfjell Drilling Ltd : Possible sale of Deepsea Metro II


The board of directors of Chloe Marine Corporation Ltd. has formally resolved to initiate a process to sell the ultra deepwater drillship "Deepsea Metro II" and have appointed Pareto Offshore AS as exclusive broker for the sale of the vessel.

The ultra deepwater drillship, Deepsea Metro II, is owned by Chloe Marine Corporation Ltd, a company owned by Deep Sea Metro Ltd., a joint venture between Metro Exploration (60%) and Odfjell Drilling (40%). Odfjell Drilling is the manager of the vessel.

For further information, please contact:

Media contact:
Gisle Johanson, SVP Communications
Mobile: +47 414 40 050

IR contact:
Lasse H. Johannesen, VP Corporate Finance & Investor Relations
Mobile: +47 995 06 908

Hamilton, Bermuda
14 August 2015
Odfjell Drilling Ltd.