Company Disclosures

ODL – Q3 2019 Report

Published 28.11.2019

Odfjell Drilling Ltd. reports for the third quarter of 2019

– Operating revenue of USD 215 million
– EBITDA of USD 94 million
– EBIT of USD 47 million
– Net profit of USD 20 million

Odfjell Drilling reports the following highlights in/after Q3 2019:
– Deepsea Stavanger secured more work for Total in South Africa
– Deepsea Yantai commenced contract with Neptune Energy

Please see the attached report for the third quarter of 2019.

For further queries, please contact:

Investor Relations:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / eikn@odfjelldrilling.com

Aberdeen, United Kingdom
28 November 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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