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Odfjell Drilling Ltd. reports for the first quarter of 2019


- Operating revenue of USD 201 million
- EBITDA of USD 73 million
- EBIT of USD 31 million
- Net profit of USD 10 million

Odfjell Drilling reports the following highlights in/after Q1 2019:

- Delivery of Deepsea Nordkapp and commencement of contract
- BP extended contract for platform drilling services on the UK continental  
- Management agreement for Deepsea Yantai
- Received USD 775 million in refinancing commitments
Please see the attached report for the first quarter of 2019.

For further queries, please contact:

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

Aberdeen, United Kingdom
29 May 2019
Odfjell Drilling Ltd.

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