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Odfjell Drilling Ltd. reports for the third quarter of 2018


- Operating revenue of USD 181 million
- EBITDA of USD 69 million
- EBIT of USD 29 million
- Net profit of USD 8 million

Odfjell Drilling reports the following highlights in/after Q3 2018:

- Completion of subsequent offering
- Secured bank financing of Deepsea Nordkapp
- More work for Deepsea Bergen
- Extension of Drilling Services bank facility
- Migration of ODL to the United Kingdom

Please see the attached report for the third quarter of 2018.

For further queries, please contact:

Investor Relations:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 /

Hamilton, Bermuda
29 November 2018
Odfjell Drilling Ltd.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.