Company Disclosures

ODL – Q2 2019 Report

Published 29.08.2019

Odfjell Drilling Ltd. reports for the second quarter of 2019
– Operating revenue of USD 186 million
– EBITDA of USD 72 million
– EBIT of USD 27 million
– Net profit of USD 0 million

Odfjell Drilling reports the following highlights in/after Q2 2019:
– USD 775 million refinancing completed
– Commencement of operations for Deepsea Nordkapp
– Secured more work for Total in South Africa

Please see the attached report for the second 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 August 2019
Odfjell Drilling Ltd.

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

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